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Food & Beverage

Network of Two QSR Franchises on Long Island

Long Island City, NY, USA
Updated 4 hours ago

Price Reduced! Two QSR Franchise stores are for sale on Long Island, New York. The stores are owned by a multi-franchise group who have decided to invest in a large QSR deal in another state and now they MUST SELL. Long-term leases and franchise terms are in place. Both locations are in high traffic sites with excellent visibility. Sales for the 2-store network are close to $1.6m, however with the proper management team, an owner operator who is fully involved in the business should be able to increase sales and profits. This is a SLEEPING GIANT. Restaurant experience is preferred but not required, however, you need to have strong business management experience, multi-unit retail or franchise experience. Please refer to listing number 16159 when inquiring about this opportunity.

Employees

10

Real Estate

Lease

Franchise Opportunity

Franchise Resale

Reason for Selling

invest in a large QSR deal in another state where their resources will be focused

Financials

Asking Price
$990K
RevenueMost Recent Year
$1.6M
Earnings (SDE)Last Reported
$206K
Assets ValueIncluded in Asking Price
$1M
Seller Financing
Not available

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