Large Iconic Food Franchise Network with $10.5m EBITDA

Mid-Atlantic Region, UNDISCLOSED

Business Summary: This food franchise network is with an iconic brand which has over 1,500 locations in the US. This network spans over the Mid-Atlantic region and includes the development rights for 4 additional units. The owner of this portfolio has been a part of this franchise system for over 25 years and is looking to retire. His children are grown and are pursuing careers outside of entrepreneurship. This is an incredibly strong network which has continuously grown and never had a location close or be sold. The average unit volume per unit was over $2.2 million in 2021 with EBITDA margins of nearly 24%. Both the sales and EBITDA figures for 2019-2021 have been verified via an in-depth Quality of Earnings Report which is available for qualified candidates. By developing the additional 4 units this network is conservatively projected to have EBITDA of nearly $15 million by the end of 2025. This is a rare opportunity to purchase a $10m EBITDA food franchise network within an iconic, class A franchise system. Serious candidates should refer to listing number 14890 when inquiring about this opportunity.
Owner willing to train: Yes