Price: $400,000
Location: Las Vegas, NV
Industry: American Restaurants
Listing ID: 01985409WL
Listing Status: New
Listing ID - 01985409WL
Welcome to the renowned "Last Great Hamburger Stand" - a free-standing Fat Burger restaurant with a drive-thru, located in the vibrant heart of Las Vegas.
This Fat Burger franchise, established in 1988, has been under the current ownership for 10 years.
Despite the owner's absentee management, the restaurant thrives with an efficient team consisting of a manager, two full-time, and three part-time employees.
The owner is now looking to retire, presenting a fantastic opportunity for an enthusiastic new owner.
The franchise fee is an attractive 7% of sales, which includes advertising costs.
For additional information and details about this exceptional business opportunity, please contact the listing agent.
Down Payment: $400,000
Total Sales: $900,000
Cash Flow: $120,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: N/A
Inventory: $15,000
Inventory Included: No
Year Established: 1988
Days & Hours of Operation: 7 Days (Mon - Thur: 10am to 10pm) / (Fri - Sun: 10am to 10:30pm)
Owner Hours Per Week: Absentee
Non-Owner Payroll: N/A
Employees: 7
Managers: 1
Absentee Owner: Yes
Lease Option: Incl. NNN, 15 Years Franchise Term
Real Estate: N/A
Monthly Rent: $9,000
Type of Location: Free Standing
Square Footage: 2500
Franchise: Yes
Reason For Sale: Retire