The Friendly’s at 1701 Quentin Road is available to take over as a franchisee.
The corporate location is looking for a franchisee to take over the eatery as it is streamlining its operations.
The opportunity is listed with Tami Hiller at Eatz Associates. The listing notes that this is a “highly confidential listing” so “please DO NOT talk to any of the employees or patrons.”
The asking price for the business is $470,000. The restaurant is currently leased through January 2029 at $11,860 per month, and inventory and training are included in the asking price. The restaurant grosses just about $1.5 million annually, with a net operating income of approximately $141,000.
According to the listing, the location’s sales are up 13% this year to date compared to last year at the current time.
Questions about this story? Suggestions for a future LebTown article? Reach our newsroom using this contact form and weโll do our best to get back to you.
Free news isnโt cheap. If you value the journalism LebTown provides to the community, then help us make it sustainable by becoming a champion of local news. You can unlock additional coverage for the community by supporting our work with a one-time contribution, or joining as a monthly or annual member. You can cancel anytime.