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BUSINESS FOR SALE - PROFILE #  4181-1254

1254 Franchise Opportunity in WI, IL and IA
WI, IL and IO

Asking Price:   Down Payment:  
Gross Revenue:   Adj. Cash Flow*:  
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Executive Summary
Franchisee Profile

Capitalizing on the $75 billion Burger Restaurant Industry, Burger 21 is an innovative fast casual concept seeking franchisees who meet the following criteria:

• Single and multi-unit operators with foodservice and/or restaurant experience
• Possess the resources and ability to open first unit within 12 months and each additional unit at a maximum of 12-month intervals
• Passion for and commitment to exceptional customer service
• Minimum liquidity of $250,000 per unit of interest
• Minimum net worth of $600,000 per unit of interest

Franchise Investment Details

Burger 21 will be developed through both single unit and multi-unit franchise opportunities. The amount of units a franchisee decides to move forward with, is determined through discussions with our Franchise Development team and your (the franchisee's) personal goals. Depending on the real estate site selected, the total cost of investment for one restaurant will be approximately $432,781 - $1,145,436 and the franchise agreement initial term is 10 years. 
The initial franchise fee is $40,000, however:

• A 10 percent discount is only offered on the first initial franchise fee to Veterans in support of the US VetFran program and minorities as defined by the US Census 
• When four to six units are secured in an Area Development Agreement, the franchise fee is reduced to $35,000 per unit. 
• When seven or more units are secured in an Area Development Agreement, the franchise fee is reduced to $30,000 per unit.
• Under the Area Development Agreement, the initial Franchise Fee for each Restaurant after the first one is reduced to half of the franchise fee in effect on the date the Development Agreement is signed and is due and payable each time a Franchise Agreement is signed for a Restaurant to be developed under the Area Development Agreement. 


Acquisition Highlights

  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: NA Inventory:
Furniture, Fixtures & Equipment:
Real Estate:
    Total Assets Included in Sale:
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Timothy Bullard
Phone:  (262) 347-2083
Fax:  (262) 347-2090
Other:  (630) 300-4777
E-mail:  timb@vrbizlakes.com
VR Business Brokers - Milwaukee West, WI
W229 N1433 Westwood Drive #106
Waukesha, WI 53186
www.vrbizlakes.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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