Restaurants
Fran Steakhouse / Bar & Grill
Business Description
HOT ROCK COOKING IS THE NEWEST PHENOMENON IN THE CULINARY WORLD!! This is a great opportunity to own an award-winning Franchise Steakhouse in Hagerstown, MD. Established in 2019, this Steakhouse with a cost over $3M to build out, is located on a prime highly traveled road at a major mall, and plenty of residential and commercial properties with national anchors in the surrounding areas. Specializing in steaks served and cooked to perfection by the customer, on a 755-degree volcanic sizzling rock just the way they like it making it a memorable dining experience. Loyal and established customer base enjoy the warm & inviting atmosphere with a sophisticated feel! Lively bar area with a wide selection of drinks! All equipment is in great working order and serviced regularly. Menu consist of Appetizers, Fresh Salads, Burgers, Handhelds, Entrees, Steaks, Desserts and more. This was a corporate run restaurant and looking for a new franchisee…a new owner/operator with some creative advertising/market along offering daily specials, drinks specials, customer appreciation and joining the Chamber of Commerce, you have HUGE potential. This restaurant has so much more growth potential for the right operator and does not disappoint! A must see/must have business priced aggressively to sell! Turn-key operation only needing a new owner/operator! A steal at $65,000! *Build-out was in excess of $3M! *Business is currently closed!
Ad#:2502386
Additional details: - Listing status: Active - Revenue: $3,213,827 - EBITDA: Not Disclosed - Cash flow: Not Disclosed - Reason for selling: Corporate Store - Real estate: Leased - Building SF: 7,000 - Facilities: Established in 2019, this Steakhouse with a cost over $3M to build out, is located on a prime highly traveled road at a major mall, and plenty of residential and commercial properties with national anchors in the surrounding areas. - Franchise details: This business is an established franchise - Intermediary: AP Nazarian · Armen Nazarian Business Brokers · 734-359-7896 - Source listing: https://www.bizbuysell.com/business-opportunity/fran-steakhouse-bar-and-grill/2502386/
Training Provided
Training available
Territory
This was a corporate run restaurant and looking for a new franchisee…a new owner/operator with some creative advertising/market along offering daily specials, drinks specials, customer appreciation and joining the Chamber of Commerce, you have HUGE potential. This restaurant has so much more growth potential for the right operator and does not disappoint! A must see/must have business priced aggressively to sell! Turn-key operation only needing a new owner/operator!
Franchise System Information
About the Franchise Brand
This business is an established — HOT ROCK COOKING IS THE NEWEST PHENOMENON IN THE CULINARY WORLD!! This is a great opportunity to own an award-winning Franchise Steakhouse in Hagerstown, MD. Established in 2019, this Steakhouse with a cost over $3M to build out, is located on a prime highly traveled road at a ma...
Training Provided
Training available
