Award Winning Rapidly Expanding National Quick-Serve Franchisor Seeks Sale New York, NY 10016
- Retail properties
- 1,000 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Award Winning Rapidly Expanding National Quick-Serve Franchisor Seeks Sale
- Year built
- 2017
- Property size
- 1,000 SF
- Property type
- Retail properties
Description
This exceptional opportunity involves the sale of a rapidly expanding national quick-service restaurant franchise. The offering includes three corporate-owned locations in Connecticut, Kansas, and Florida, along with a network of 34 existing franchisee locations spanning 18 states. Over 60 additional franchise locations are currently in development, with 20 slated to open in 2024 and the remainder in 2025. The franchisor is registered in 49 states and possesses significant international expansion potential. Each retail storefront typically encompasses 1,000 square feet, offering both dine-in and takeout options with a menu catering to lunch, dinner, and snacking preferences. The franchise enjoys high customer loyalty and repeat business, ranking highly on Uber Eats and Grubhub. This turnkey operation boasts established systems, including agreements, registrations, manuals, website, technology, trademarks, marketing materials, and operational procedures. Lease terms, including security deposits, options, and expiration dates, vary by location, as does monthly rent. The asking price for this thriving franchise is $7,250,000. The business is housed in a 1,000 square foot building constructed in 2017 and renovated in 2021, located in New York, NY, zip code 10016. This presents a unique opportunity to acquire a well-established and rapidly growing franchise with substantial domestic and international growth prospects.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9801
- Latitude
- 40.7473
