Take Home $155,000! Beautiful Fast Casual Food Franchise in Hoover, AL | Metro-Birmingham!
Take Home $155,000! Beautiful Fast Casual Food Franchise in Hoover, AL | Metro-Birmingham!
Price: $299,000
Industry: American Restaurants, Convenience Stores, Other Restaurants and Food
Listing ID: HOOVERAL299K
2024 yearly Sales are projected to be $$687,402! Sales have increased by 22% this year.
2023 yearly sales plus Catering Income are $578,000! Gross profit is over $382,000!
2023 yearly Net Profit is over $95,000 AFTER paying $120,000 in Payroll, $48,000 in Owner Salary, $88,000 in Rent and all other expenses! Total take home is $143,000 per year!
Rent is $7,400 NNN per month with 5 years remaining on the lease!
Seller and Wife only work 10 hours per week at the restaurant!
Huge opportunity for an owner-operator to take home over $155,000 per year by actively working the floor and reducing payroll!
Franchise Royalties are only 6% and Marketing Fee is only 2%! Franchise agreement has 10 years with option to extend!
Strong brand value with a 4.0+ star rating across 268+ reviews.
20 minutes from Birmingham, AL! 50 minutes from Tuscaloosa, AL! 1 hour 20 minutes from Montgomery, AL! 1 hour 45 minutes from Huntsville, AL! 2 hours 20 minutes from Atlanta, GA and Chattanooga, TN! 2 hours 40 minutes from Columbus, GA!
Near schools like the University of Alabama, AMSTI, University of Montevallo, Jefferson State Community College with over 6,000 students, Faulkner University and schools like Riverchase Elementary School with over 600 students, Trace Crossings Elementary School with over 780 students, Deer Valley Elementary School with over 770 students, Green Valley Elementary School with over 460 students.
Close proximity to apartment complexes like 700 Riverchase, Wood Gardens Apartments, The Halston, Rollingwood Apartments, Berry Falls, The Avenues of South Hoover, Chace Lake Villas, Ridge Crossings Apartments and Condominium complex- The Overlook On Riverhaven.
Near developments like a subdivision with 62 homes, a mixed-use center with 375 multi-family residential units, another 120 multi-family residential unit development, 102 single-family residential units, a hotel with 135 rooms, and an apartment with 500 new units!
Average traffic count of 36,830 vehicles passing by the Restaurant each day!
Median Household Income is $92,428.
Asking Price for Business-only: $299,000 plus inventory!
If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com
Gross Revenue: $578,904
Cash flow: $95,122
Year Established: 2009
Monthly Rent: 7400
Square Footage: 9597