Franchise Restaurant Chain for Sale - Owner Finance. Asian QSR
Looking to enter the QSR food space? Today, we have an Asian QSR casual dining opportunity in the fastest-growing food segment. Grossing 6 million dollars a year with possible owner financing. today on Franchise City.
Ever wanted to be a fast food magnate? Maybe you already own a few restaurants but are seeking to diversify your portfolio.
A single McDonald's will cost between $1,470,500 and $2,642,000 for one unit! Here, we have a multi-unit opportunity with seven operational, cash-flowing restaurants. This is an exceptional opportunity for the right buyer! The asking price includes approximately $1,400,000 in equipment assets.
The seller is an absentee owner and lives out of state, so there is great potential for a motivated, hands-on restaurant pro to increase profits. Or for a passive owner to step into a fully operational chain of stores demonstrating positive cash flow.
Currently the chain is operated by a V.P. of Company Operations, a District Manager, 7 Unit Managers and a strong team of employees in each unit. A hands on owner could step in to one or two of these roles.
Stores are fully upgraded with new equipment, no additional investment is required for some time.
This listing is in the Asian QSR space, which has been the fastest growing segment in the US. A healthy alternative to burgers, fries, or pizza. Great quality and portion sizes while still being affordable. Multiple operators from other legacy franchises have invested in this franchise system.
The stores have a trendy vibe with smaller footprint sizes and low employee costs allowing for healthy margins and easy operation. Average AUV system-wide as listed in the company disclosure of $1,095,618. This multi-unit resale is currently grossing around 6 million a year, so there is definitely room to increase revenue to the average or above.
Seller may consider seller financing with collateral security with a minimum 50% cash down.
The business has operated for 19 months, the first year was building the absentee management infrastructure, upgrading equipment, and refreshing all branding.
The current owner has other business interests and lives outside the state. I know the seller personally, so this deal has no commission, making the selling price even lower.
The per-unit price works out to roughly $300k per unit, which is less than 40% of annual net sales. It is much lower cost than setting up a new unit, and all the heavy lifting is already done.
The seller will not consider selling units individually; however, will consider splitting this group into two: four units in AZ. The selling price would be $1.5m, and Three units in Florida for $1m. Asking price for all seven units $2.2m.
https://www.franchise.city/asian
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