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Financial Information

Asking Price: $200,000

EBITDA: $102,000

Gross Revenue: $475,000

Cash Flow: $102,000

FF & E: $75,000

Inventory: $2,500

Financing:

Business Location

Georgia

Description

Although The Cheesesteak Sandwich originated in Philadelphia, Pennsylvania, the Philly Connection® concept was developed and introduced to Atlanta in 1984 with the first restaurant opening – that first restaurant continues to operate today! The company then opened additional locations and, in 1988, franchise operations commenced. Philly Connection® developed a recipe for the steak meat used to make Philly Connection’s® Proprietary Cheesesteak sandwich. The recipe included a certain cut of whole-muscle beef , a secret marinade and a special processing technique that produces a high-quality, great-tasting, juicy, tender sliced steak product that is still used today by the Philly Connection® network of Franchise restaurants. What makes Philly Connection® steak different or better than other steak meat on the market today? It’s the combination of high-quality steak, the secret marinade and the manufacturing process. What’s in the secret marinade? That’s a company secret! The marinade enhances the flavor and juiciness of the high-quality steak.

REASON FOR SALE

Health

facilities

Very attractive 1350 square foot restaurant in a very desirable upscale location with much activity and foot traffic.

Details

Full Time Employees:
5
Part Time Employees:
1
Listing ID:
1223

Ray Boreham

Senior Intermediary/M&A Advisor
770-936-9099 x 801

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