Description of the business for sale
Well known franchise located on a busy retail street with high visibility. Business has a four bay drive through with one in ground lift plus two other bays with two additional in ground lifts. Sales have been increasing steadily over the past months and there is enough capacity to continue that increase without adding additional labor. This business would be ideal for an owner operator with good mechanical expertise who enjoys meeting the public. The $29,500 franchise fee is paid up through November 30, 2017 and can be transferred to buyer for $3,000. The royalty payments are 5% of gross revenues or $523.82 whichever amount is greater paid weekly plus a $30.76 weekly service fee and a 1/2 of one percent of gross revenues paid into an advertising fund. The buyer will be responsible for one week training expense in Arizona and a training fee of $5,000.
Support / Training provided by seller
2 weeks @ 20 hours per week
Description of the facilities
Bldg Size (SqFt): 3,000
Rent: $7,075 NNN: $731
Rent Increases: CPI or 3% whichever is greater
Lease Exp: 11/30/17