North Atlanta suburbs long-standing Huddle House franchise that has been in business since 1976, an absentee-run, successful and profitable operation that operates from 6 am to 10 pm with the possibility of opening late hours or 24/7. Fully staffed with long term management in place, an owner operator can increase the sales and reduce payroll.
YTD sales for 2022 ending in October are $580,616 (will update the revenue by the end of the year) and a profit of $104,013 (rent not factored in as the business owner owns the building).
A stand alone building with a great visibility adjacent to many national and international retailers in a major well traveled road. Fully remodeled in 2020 with the new and strategic Evolution design, new roof, new water heater, new 35 tons HVAC, new equipment… 2,102 Square feet on a 13,504 lot with the building also being available for sale for $1,025,000. Seller is willing to lease the building for a base monthly rent of $4,500 plus tax and insurance.
Combined royalties and advertising fee of 7.75%, transfer fee of $10,000 for a new owner.
Huddle House is a Southern diner franchise known for our ‘round-the-clock breakfast, Southern hospitality and being the best place to gather in any hometown. After more than 50 years in business, we’ve earned our status as an iconic brand. Our crowd-pleasing menu of favorites is available any time guests want, and business thrives in small towns, suburbs and exurbs. The breakfast portion of the menu accounts for more than half of sales, which is awesome because breakfast items generally have higher margins than food typically ordered in other dayparts.
The franchise requires the new owners to have a minimum net worth capital of $600k in order to obtain a new or existing franchise and a liquid capital of a $100k.Asking Price: $199,000