Restaurant Buyer seeking Franchise location in North Texas. Prefers DFW but will consider any good location in North Texas.
Below are the characteristics of a target business for this Restaurant Buyer seeking Franchise:
- prefer quick casual service, counter service, cafe, fast food
- annual sales of $300,000 to $2,000,000
- seats 10-50
- drive through is a positive
- looking for area’s listed above but will consider others
- prefer franchise but will consider independent opportunities
This experienced business-entrepreneur states that they are able to move quickly on the right transaction. They state that they bring the following resources to the table:
- will consider single or multi-unit
- Experienced business person, looking for a career change
- liquid funds $756,000+, net worth $1,026,000
- Ability to borrow SBA 7a loan
- will keep management or can supply experienced management
Megabite Restaurant Brokers, LLC
Phone: (817) 467-2161
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A franchise restaurant offers many benefits over independent restaurants, such as instant name recognition and a turn-key operation. However, buying a franchise can be costly and there are many rules and regulations that come along with operating a franchise. A franchise restaurant is a brand which an investor, or franchisee, has bought the right to use. The franchisee is responsible for the day-to-day running and management of the restaurant. In return, the company granting the license, or franchisor, offers support, marketing and a proven restaurant concept. Franchises have very distinct differences from non-franchises.