29 Jan Annual Sales of Franchises
For some time now, we have encouraged business brokers to get involved in the sale of franchises – both resale and new. We go through a lot of publications and web sites on a regular basis. One area that is of interest is gathering information on franchises, especially to answer the questions: How much do they make and what do they sell for? Our Business Reference Guide for 2015 has pricing rules of thumb for well over 200 franchises and other data also.
We would appreciate data on selling prices for any franchises you have sold in the past few years. Franchise sales data can be emailed to Tom at tom@bbpinc.com. Please be sure to include date of sale.
Annual sales of franchises from Restaurant News, Franchise Times and various other publications.
Aaron’s Rental – 2012 average annual pre-tax cash flow — $287,607
Bojangles – “… company officials expect to reach 1,000 total units by 2020. Average unit volumes are expected to increase to about $2 million, from an average of more than $1.7 million today.”
Brixx wood fired pizza – Average unit volume of $1.99 million for 3,500 square feet. 20% of sales from alcohol sales. Company average 21% cost of goods sold.
Calexico – Sq ft 2,500 — $3,103,653; 700 sq ft — $1,306.018 – 2013 results
Corner Bakery Café — $2.3 million average annual unit sales. 2013. 170+ locations
Del Taco – Average unit volume $1,210,778, operating profit of 26.5%.
East Coast Wings – Average Unit EBITDA — $232,360 – 2012
Express Employment Professionals — $5.16 million in average annual sales for mature offices.
Home Care Assistance — $1,528,363 – average annual revenue for Home Care Assistance locations open at least 12 months. www.luvhca.com. From April issue of Southwest airlines magazine.. Additional information from ad: It only takes 20 clients to operate a million dollar business. – In locations open at least 12 months, the average Home Care Assistance client spends $1,100 per week to receive our services. – The market for home care is expected to double in the next five years. – Every day, over 4,000 people turn 85.
Hurricane Grill & Wings – Average Unit sales of $1.92 million.
J.D. Byrider — $818,201 average annual net income from operations. The nation’s largest used car and finance franchise. 161 dealerships nationwide.
J.D. BYRIDER Franchising – The only used car and finance franchise opportunity in the nation. $889,360-Three-year average annual net income from operations. The top 25% of their dealerships the three-year average annual net income could be $1,524,077. franchise.jdbyrider.com
Jimmy John’s Gourmet Sandwiches (JJ) — $1,431,665 annual sales; 26.60 average food and paper costs; $299,015 average net profit from operations. 2013. annual sales — $870,000
Kiddie Academy (Educational Child care) – Average revenue over $1,100,000 (based on 75 mature academies.
McAlister’s Deli – Average Net sales of $2,311,378. Figure reflects net sales for 2013 for approx. 32 company stores and 254 franchised restaurants.
Moe’s, southwest grill – Average total annual gross sales: $1,177,879 – 500+restaurants
Papa Murphy’s Tak’n Bake Pizza — $574,000 average unit volume; with top third averaging $845,000 — 2013
Russo’s Italian Kitchen/Russo’s New York Pizzeria — Average Gross Sales — $1,057,516; Average food cost under 21%
SlapFish – A modern seafood shack – May 12 through April 2013 – Gross sales – $1,044,508; EBITDA (Net Profit) 17% – slapfishrestaurant.com
Subway — $475,000 annual sales
Sun Tan City – Industry Average: $261,069; Sun Tan City average annual revenues: $583,255 — 2013
Togo’s Great Sandwiches – Average Unit Volume of $659,767, over 20% have average sales of $836,700
Wild Wings – $3.4 million average unit volume for 12 company stores.
Wing * Stop — $974,025 average (2013) –650+ operating units. 74 new restaurants opened in 2013.
Zaxby’s — $1,848,051 – 2013 average gross revenues of restaurants by fiscal year. 600 units.
2013 Average Unit Volumes:
Mcdonalds — $2.7 million;
Burger King — $1.3 million;
Wendy’s — $1.5 million
Estimated Annual Sales Per Unit
Brick House Tavern & Tap — $3.3 million
Café Rio Mexican Grill — $2.3 million
First Watch — $1.2 million
Il Fornaio — $5.5 million
Kona Grill — $4.2 million
Paradise Bakery & Café — $1.6 million
Red Mango — $357,500
Saint Louis Bread Co — $2.5 million
Smith & Wollensky — $10.3 million
Souplantation — $2.5 million
Stevi B’s Pizza Buffet — $830,400
Sullivan’s Steakhouse — $83.8 million
Ted’s Montana Grill — $102 million
Twin Peaks — $4.2 million
Yogurtland — $667,367 (300+units)
Source:Nation’s Restaurant News, August 19, 2013
