Business Summary

This location was a high grossing location but failed because of the personal debt on the franchisee who borrowed $700,000 to build this location. He imploded on his SBA loan, home equity loan by going bankrupt both personally and with the franchise and therefore was foreclosed on by the bank, landlord and franchisor. Franchisor is looking for a lucky, but qualified restaurateur to step in for pennies on the dollar, at a lower rental rate and into a sure success. Amazing opportunity for investor, owner/ operator, or family run business.

Rent: About 9000 per month
Term: 5 plus 5 option
Person to Contact: Sam Saa

Property Details