Absentee-owned University Area Burger Spot – High Volume

Description

Fast casual restaurant specializing in burgers, wings, fries and late night dining, strategically located in a dense university corridor in Connecticut. The business benefits from a built in student customer base, strong foot traffic and significant late night demand driven by a nearby dormitory campus population.Operating for approximately 1.5 years, the business has already achieved strong sales performance and operates with a largely absentee ownership structure. Current ownership primarily oversees high level operations and weekly inventory coordination while day to day operations are handled by staff.The restaurant is fully staffed, systemized and positioned for continued growth under both owner operator and semi absentee management models.Key highlights:Prime university area location with consistent student trafficStrong late night revenue driven by nearby dormitory populationAccepts university student meal cards generating recurring customer trafficApproximately 4,000 square feet facility with below market rentFully staffed turnkey operationEstablished operational systems and procedures in placeAbsentee owned structure with minimal owner involvementStrong brand presence and growing regional recognitionFinancial overview:Annual gross revenue approximately 806,000Estimated cash flow margin approximately 17 percent