Rejina Banerjea
Plano, TX (USA)
Role(s):
Sunrin Group
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Startup
Location:
Plano
Industry:
Food Service/Restaurant
Year Founded:
2000
Number Employees:
INVALID
Description:
Business consists of two Dunkin Donut and Baskin Robbins Combo stores in the Dallas metroplex suburbs. Together the stores have been in business for more than 24 years. We have owned the business since the last six years. Currently the business has a large debt obligation to SBI which we have been paying off for the previous six years. Owners desire to partner with partners who can bring in equity of ~800K to capitalize the company, repay the debt and prepare for additional growth and refurbishment of the stores. Net EBITDA (net operating cash flow) is ~200k. Investors can make a net return of 14% on a franchised high profile business with moderate associated risk by taking up a equity position.
Sales are ~1.3 million
EBITDA ~200,000
Employees: ~18