QSR Unit + Development Right

Business Summary:
Incredible QSR and development rights, selling for half the cost to buy new for Nassau County and Western Suffolk. This QSR brand started in NYC and has quickly become an iconic brand with a huge loyal following. They are expanding around the country and internationally. Long Island is the franchisors backyard as the are headquartered in NYC. A former business professional, with no food background who loved the product, bought development rights for Long Island. He has launched one of his 3 stores in a prime-time location. This location even has a bigger then needed kitchen, to allow for smaller units to feed off this location. Unfortunately, his lack of food background, launching in a pandemic and crazy cost of goods year 1 with skyrocketing prices has motivated the owner to sell. Revenue numbers are solid at $1.4 Million a year, but this location has so much more potential in the hands of an experience operator as AUV is closer to $2.5 Million. If you are looking for a great deal on a growing QSR brand, with a phenomenal product look no further then listing 14927.