Iowa Franchise For Sale Drive Thru National Brand Earning $69K

Description

Fast food franchise with drive-through service for sale in Iowa.

Annual sales exceed approximately $730,000, with reported owner earnings of nearly $70,000.

The restaurant operates under a national Mexican quick-service franchise brand that has been in business for more than 50 years.

Facility and operation

• Approximately 2,500 sq. ft.
• Drive-through service
• 24 indoor seats
• 12 outdoor seats
• Open daily from 7:00 AM to 10:00 PM
• 10 employees currently in place

Monthly occupancy cost is approximately $2,550, including CAM, property taxes and insurance.

The current lease runs through December 2026 and includes a five-year renewal option. Buyers should confirm renewal terms and landlord approval during due diligence.

Franchise fees

• Royalty: 5% of sales
• Marketing contribution: 4% of sales

The seller states that these franchise fees are already reflected in the reported owner earnings.

The franchisor provides training, operating support and ongoing marketing programs.

The seller expects the current employees to remain after the ownership transition.

A buyer could increase catering, local marketing and direct owner involvement.

The listing states that SBA financing may be available to qualified buyers with approximately 15% down, subject to lender and SBA approval.