For Sale
$595,000

000 On The Books! Won't LastLogan, OH 43138

Established Restaurant, High Cash Flow, SBA Eligible

Overview

Added:
Dec 11, 2024
Days on market:
115
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.

Highlights

  • High-performing food franchise generating over $1.4M in annual sales and $200,000+ net operating income.
  • SBA financing available with 15% down payment.
  • Free-standing, 1,512 sq ft restaurant with drive-thru, seating for 60, and strong 16-person staff.
  • 10-year lease at $9,000/month, expiring in 2034 with renewal options.
  • 5% royalty and 4% marketing fees.

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

Property type
Retail properties, Restaurants
Square Feet
1,512 SF
Year Built
1986

Location Insight

City
Logan
County
Hocking
State
Ohio
Latitude
39.5292702
Longitude
-82.4319405
000 On The Books! Won't Last, Logan, Ohio

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000 On The Books! Won't Last
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