Two Turnkey Fast Casual Burger Franchise Locations

Description

Rare opportunity to acquire two fully remodeled and fully operating fast casual burger franchise locations in the Evansville, Indiana market, offered as a single package. Both restaurants operate under a well established national burger franchise known for cooked to order burgers, hand dipped milkshakes, chicken sandwiches, and traditional side items.Both locations were remodeled in 2024 and updated with the latest brand image, new signage, and equipment improvements. Equipment updates include two ice machines installed in 2020 and 2021, a filter machine in 2022, a bun toaster and prep table in 2024, updates to freezers, fryers, and grills in 2025 and 2026, and new bubblers installed in 2025 and 2026. Each restaurant is fully equipped with grills, fryers, refrigeration, POS systems, dining room furniture, and branded décor, allowing a new owner to begin operations immediately.Both stores operate under long term lease agreements. One location has approximately 11 years remaining with existing renewal options, while the second location has approximately 9 years remaining with existing renewal options. Both are situated within high traffic retail corridors supported by nearby residential and daytime populations.This opportunity is well suited for an owner operator. The current owner has maintained additional management coverage and higher labor and food costs while addressing family responsibilities over several years. A hands on owner managing one location directly and overseeing both operations, while maintaining food costs at franchise standards, may have the opportunity to improve financial performance. The franchisor provides training, operational support, marketing programs, and established supplier relationships.HighlightsTwo fully operational locations included in one transactionBoth locations remodeled in 2024 with updated branding, signage, and equipmentNational fast casual burger franchise with training, marketing, and supplier supportLong term leases in place with approximately 11 and 9 years remainingDocumented SDE add backs with potential opportunity for an owner operatorAsking price of $175,000 for both locationsLocated within the Evansville market where multiple public and private investment projects are underwayReason for SaleThe owner is retiring. Following his wife's recent retirement and several years of family health related challenges and personal loss, ownership has decided to pursue retirement and focus on the next stage of life. The business has been priced for sale accordingly.