- #YARDARM RESTAURANT TOWN CENTER VA BEACH VA LICENSE#
- #YARDARM RESTAURANT TOWN CENTER VA BEACH VA FREE#
#YARDARM RESTAURANT TOWN CENTER VA BEACH VA LICENSE#
Restaurant license "Mahana Fresh" GF, bowl, ecoīring "Mahana Fresh" to your market/community. PRIME ROLL-UP STRATEGY CANDIDATE- RARE FRAGMENTED GEOGRAPHIC REGION Rare opportunity to execute a roll-up strategy that typically does not exist with an established, mature brand like Wendy’s but the surrounding states of VA, NC, WV, TN, MD, OH, KY, SC, DE, GA, & PA appear to be significantly more fragmented than the rest of the country 160 Total Operators in the above states, of which there are 138 Franchise Operators controlling 30 Units or less out of an estimated Average of 5.67 Units/Operator -> significantly less than the system-wide average of 22 sites/Operator To Sign the NDA, Contact Devin Fleming at: Digital Sales: 8% of Revenue in US -> Driven by growth in delivery and mobile orders Q1 2021 US Systemwide Same Store Sales advanced by 13.5% YOY driven triple D’s -> “Digital, Delivery and Drive-Thru” Performance. That’s “a long ways away from where we were pre-COVID at about one-third of our mix being through the dining room,” Breakfast: Currently makes up 7% of sales mix and Wendy’s anticipates breakfast to account for 10% by the end of 2022. ? Wendy’s CEO Todd Penegor stated that, Wendy’s restaurants with dining rooms open are getting 10% of their sales through those areas. VALUE-ADD PURSUITS & FUTURE GROWTH CATALYSTS Return of Dine-In: The vast majority of stores have been limited to drive thru only, due to the Covid-19 Pandemic, potentially providing future upside to Buyer capturing revenue growth with the return of dine-in customers. Virtuous Cycle – High Volume Stores generate higher margins, resulting in an exponential expansion to the bottom line. STRONG MOMENTUM WITH ROOM FOR FURTHER AUV GROWTH Revenue is up over 7.50% registering AUV’s just under $1.5M providing capacity for significant further AUV expansion. RARE OPPORTUNITY TO GAIN ACCESS TO DOMINANT, PREMIER QSR FRANCHISE Stabilized Portfolio of Operations with seasoned in-place Management team provides an attractive “plug and play” opportunity ripe for Private Equity Investors interested in penetrating an exclusive franchise brand with a critical mass of stores. Additional 300BPS increase to revenue AUV’s from continued customer adoption of breakfast. On-Pace for 7.50% Revenue Growth in 2021, (excluding 2 New Build Stores or 10.08% inclusive of the new build projections.) Anticipated further 140-150bps operator AUV growth from the addition of the 2 new construction build to suit stores opening end of 2021/ early 2022 – (Assuming average weekly revenue projections per corporates Wendy’s guidance of $34k/week.). The Seller currently owns the franchise rights to 27 Wendy’s franchise business’s, (made up of 26 currently in operation, 1of which is a Relocation Build-to-Suit in development in progress and 1 new greenfield Build-to-Suit location also in development both with an estimated delivery date in Q1 2022).
#YARDARM RESTAURANT TOWN CENTER VA BEACH VA FREE#
Store #1 Sales: 2019: $645K 2020: $600K (Directly related to 03/20-05/20, paperwork can be provided for evidence) 2021: $665K (Projection) List Price: $235K Store #2 Sales: 2019: $695K 2020: $735K 2021: $800K (Projection) List Price: $325K Group Price: $525K Please feel free to contact us to discuss further in person, over the phone, or via email.Īsset Sale 27 Unit Wendy's Franchise Portfolio in Mid-AtlanticĪlpha Real Estate Advisors (“Alpha”) has been retained as the exclusive representative of Seller offering the rare opportunity to acquire a portfolio of 27 Wendy’s Franchise locations (Operating Business Only) across North Carolina and Virginia. Our team is looking to sell either location (prices listed below), or both locations at a group rate. *Listed Price is the price for only Store #1. With the exception of March 2020-May 2020 (the beginning of the Pandemic) we have seen in increase in sales every year for the past three years and as corporate personnel begin to come back to their offices, we project our sales to continue to ascend. 2021 continues to be a record year for both locations.
Also, being located near schools and within residential communities, our restaurants stay busy in the evenings too. Our locations stay busy during the day with corporate personnel coming to eat for lunch as well as catering orders every week.
Located in beautiful Fairfax,VA, the area presents a fabulous blend of corporate and residential business leads. Firehouse Subs is a fantastic brand with a reputation that the community loves.