000 On The Books! Won't Last Logan, OH 43138

Property Details for 000 On The Books! Won't Last

Year built

1986

Property size

1,512 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This thriving food franchise presents a remarkable investment opportunity in Logan, Ohio. Boasting over $1.4 million in annual sales and a net operating income exceeding $200,000, this business is exceptionally profitable. The 1,512 square foot free-standing restaurant, built in 1986 and fully remodeled in 2021, features a convenient drive-thru, indoor and outdoor seating for approximately 60 guests, and a strong staff of 16 employees (10 full-time, 6 part-time). The current owner is absentee, providing an opportunity for hands-on management or continued absentee ownership. Operating hours are extensive, catering to a broad customer base. The lease, valid until 2034 with renewal options, costs $9,000 per month. The franchise agreement includes a 5% royalty and 4% marketing fee. The business benefits from a prime location near a university, downtown area, and a highway exit, with landlocked protection against future competition. Established for 38 years, this restaurant enjoys a stellar reputation within the vibrant Hocking Hills region, known for its tourism, music scene, and food culture. All equipment, including a POS system, is included. SBA financing is readily available with a 15% down payment. This is a rare opportunity to acquire a well-established, high-performing food franchise with significant growth potential. No required upgrades are due until 2031. Four weeks of training from the franchisor are included in the sale, along with ongoing support from existing management and a Franchise Business Consultant.

Location Insight

City

Logan

County

Hocking

State

Ohio

Longitude

-82.4319

Latitude

39.5293