Property profile

0 Award Winning Rapidly Expanding National Quick-Serve Franchisor Seeks Sale New York, NY 10016

OFF-MARKET
Retail properties & Spaces
1,000 SF Built 2017
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2017
Total area 1,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Award Winning Rapidly Expanding National Quick-Serve Franchisor Seeks Sale New York, NY 10016
New York metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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