For Sale
$275,000

Franchise for Sale Earning Owner Operator over $100 000 PtSouth Point, OH 45680

Established Ohio franchise, high earnings.

Overview

Added:
Dec 11, 2024
Days on market:
115
This established South Point, Ohio restaurant franchise presents a lucrative investment opportunity. Generating $522,000 in annual sales with $105,000 in owner-operator earnings, this 2,800 square foot space offers significant potential for growth. The current lease, at a low monthly rate of $3,158, extends through 2025 with a ten-year renewal option. The sale includes all necessary equipment, from a comprehensive kitchen setup (including two Turbo Chef ovens, a Hobart mixer, and extensive shelving) to dining tables and lighting fixtures. The business currently employs six staff members. The seller's retirement creates this unique opportunity. Located in a thriving area with ongoing commercial development, this franchise benefits from a strong customer base and expansion potential. Low royalty fees (3% of sales) and marketing fees (1% of sales) maximize profitability. SBA financing is available with 20% down for qualified buyers, and unsecured lending options up to $200,000 may be available for those with strong credit (680+). This turnkey operation is ready for a new owner to step in and continue its success. The restaurant comfortably seats 54 guests. This is a rare chance to acquire a profitable, established business with a strong financial foundation and significant upside. The asking price is $275,000.

Highlights

  • Established South Point, OH franchise generating $522,000 in annual sales with $105,000 owner-operator earnings.
  • Owner retiring; SBA financing available with 20% down, unsecured lending options up to $200,000 for strong credit (680+).
  • Includes all equipment; 2,800 sq ft space, $3,158/month rent, lease expiring 2025 with 10-year option; seats 54.
  • 3% royalty fees, 1% marketing fees; located in a growing area with new commercial construction.
  • Six employees.

Property Details for Franchise for Sale Earning Owner Operator over $100 000 Pt

Property type
Retail properties, Restaurants
Square Feet
2,800 SF

Location Insight

City
South Point
County
Lawrence
State
Ohio
Latitude
38.4686596
Longitude
-82.5510469
Franchise for Sale Earning Owner Operator over $100 000 Pt, South Point, Ohio

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Franchise for Sale Earning Owner Operator over $100 000 Pt
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