Established and Highly Profitable Franchise Restaurant in Greensboro, NC

This listing presents an established and highly profitable franchise restaurant located in a busy section of Greensboro, North Carolina. The business is consistently profitable, with a strong revenue of $3,010,000 and an EBITDA of $340,000. The owner is retiring and seeking a new owner for this popular franchise, which is experiencing growth nationwide. The current owner is remotely involved, relying on experienced staff for day-to-day operations, focusing on oversight, financial management, and facilities. The business offers a handsome return for limited part-time work based on historical performance. All Furniture, Fixtures, and Equipment (FF&E), valued at $150,000, are included in the asking price of $1,350,000. Inventory, valued at $20,000, is not included in the asking price. The real estate, valued at $1,775,000, is owned by the seller but is not included in the business asking price; however, it is available for purchase separately, and the owner is willing to lease it back on a triple-net basis. The business has been pre-qualified for SBA financing and potentially conventional financing for the real estate. Prospective buyers must demonstrate adequate funds for at least 10% of the purchase price, a strong credit history, and relevant management experience. Franchisor approval is required for the sale. This is a prime opportunity for an experienced operator looking to acquire a well-established, profitable restaurant.