For Sale
$499,000

For Sale - Annual Earnings $129 000! Dothan, AL 36303

Profitable Restaurant, Drive-Thru

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This established Schlotzsky's franchise in Dothan, Alabama presents a compelling investment opportunity. Priced at $499,000, this fast-casual restaurant boasts impressive annual owner earnings exceeding $129,000. The 2,350 square-foot space, built in 2021, features a convenient drive-thru, 50 indoor seats, and a fully equipped kitchen including a rationale combi electric oven, TurboChef ovens, Traulsen refrigeration units, and ample prep space. The lease, expiring December 31, 2029, offers a 10-year term with a favorable monthly rent of $4,500. Financial records indicate gross revenue of $630,228 and a cash flow of $129,202. The restaurant is situated on a main thoroughfare in a high-traffic retail area, benefiting from strong local and tourist traffic. The sale includes all existing equipment, fixtures, and furniture, as detailed in the equipment list. The seller is motivated and will provide five weeks of support prior to closing and two weeks post-closing. This turnkey operation offers a rare chance to acquire a successful, established franchise with significant earning potential and a long-term lease. The seller's reason for selling is unrelated to the business's performance. The restaurant employs 10 people.

Highlights

  • $499,000 asking price for a Schlotzsky's franchise; owner earns $129,000 annually.
  • Schlotzsky's franchise for sale with annual earnings exceeding $129,000.
  • Schlotzsky's franchise for sale featuring low rent, a motivated seller, and a drive-thru.
  • Schlotzsky's located on a main thoroughfare, generating over $129,000 in annual earnings.
  • $499,000 asking price for a Schlotzsky's with drive-thru, $129,000 annual earnings, and low rent.
  • 10-year lease term.

Property Details for 0 For Sale - Annual Earnings $129 000!

Property type
Retail properties, Restaurants
Square Feet
2,350 SF
Year Built
2021

Location Insight

City
Dothan
County
Houston
State
Alabama
Latitude
31.2483723
Longitude
-85.3756249

FAQs

What type of property is this?
Retail property - Profitable Restaurant, Drive-Thru
Where is the retail property located?
The property is located at For Sale - Annual Earnings $129 000! Dothan, AL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: $499,000 asking price for a Schlotzsky's franchise; owner earns $129,000 annually.; Schlotzsky's franchise for sale with annual earnings exceeding $129,000.; Schlotzsky's franchise for sale featuring low rent, a motivated seller, and a drive-thru.
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0 For Sale - Annual Earnings $129 000!
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