For Sale
$400,000

10408 Cookingham DrKansas City, MO 64157

Thriving Franchise, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
125
This established Teriyaki Madness franchise in Kansas City, MO, presents a remarkable investment opportunity. Located at 10408 NE Cookingham Dr, in Clay County, zip code 64157, this 1,400 square foot Class A restaurant opened August 18, 2022. The business boasts impressive sales figures, exceeding $307,000 in just six months, averaging $51,000 monthly and projecting nearly $614,000 annually. Operating expenses are well-managed, with labor and food costs comprising 30% and 26% of sales respectively, alongside a $3,640 monthly lease payment (NNN included), 6% franchise fees, and 3% advertising fund contributions. This translates to robust profit margins of 25% to 30%, generating a monthly profit of $16,000 to $20,000, or $192,000 to $240,000 annually. The prime location, situated near Starbucks, Ace Hardware (opening soon), and Price Chopper, ensures excellent visibility and accessibility. This is a unique opportunity to acquire a profitable, rapidly growing franchise with significant upside potential. The asking price is $400,000. Inventory will be replenished for the new owner, and 30 days of comprehensive training, plus ongoing support from the franchise team, will be provided. The current owner will also cover the 10% franchise transfer fee upon meeting the asking price. There is no initial franchise investment cost. This is the only Teriyaki Madness in the Northland area.

Highlights

  • $400,000 asking price for a 1,400 SF Class A Teriyaki Madness franchise in Kansas City, MO.
  • Six-month sales of $307,000, averaging $51,000 per month, projecting $614,000 annual sales.
  • $3,640 monthly lease payment (NNN included).
  • Operating expenses include 30% labor, 26% food costs, 6% franchise fees, and 3% advertising fund contributions.
  • 25-30% profit margins, resulting in $16,000-$20,000 monthly profit, or $192,000-$240,000 annually.

Property Details for 10408 Cookingham Dr

Property type
Commercial real estate
Square Feet
1,400 SF
Class
A
Year Built
2022

Location Insight

City
Kansas City
County
Clay
State
Missouri
Latitude
39.2671322
Longitude
-94.4491196
10408 Cookingham Dr, Kansas City, Missouri

FAQs

What type of property is this?
Commercial real estate - Thriving Franchise, High ROI
Where is the commercial real estate located?
The property is located at 10408 Cookingham Dr Kansas City, MO.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: $400,000 asking price for a 1,400 SF Class A Teriyaki Madness franchise in Kansas City, MO.; Six-month sales of $307,000, averaging $51,000 per month, projecting $614,000 annual sales.; $3,640 monthly lease payment (NNN included).
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10408 Cookingham Dr
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