2227 N Monroe Street, Tallahassee, FL 32303
sale
$1,450,000
|
Other
Courtesy Of Compass Florida, LLC
This is a rare opportunity to acquire a fully operational Dairy Queen franchise with over 20 years of continuous operating history at one of Tallahassee's most established quick-service restaurant locations. Located at 2227 N. Monroe Street - a high-traffic commercial corridor serving the city's northwest trade area - this offering includes fee simple ownership of the building and all improvements, together with the operating business as a going concern, subject to a long-term, fully assignable Absolute NNN ground lease at a fixed rate of $6,000 per month. The ground rent is fully reflected in the EBITDA figures presented and requires no further adjustment. The business generates approximately $1.3 million in annual gross sales across a loyal and growing customer base built over two decades of consistent brand execution. With verified three-year POS sales history available to qualified buyers, this offering provides the financial transparency and operational track record that serious acquirers demand. Estimated EBITDA for an investor/absentee owner ranges from $289,000 to $348,000 annually depending on the year selected, with owner-operator EBITDA ranging from $345,000 to $409,000 when management salary is added back. The sale includes the freestanding QSR building with drive-through lane, full commercial kitchen, customer dining room, and all building systems. All furniture, fixtures, and equipment are conveyed in full, including proprietary Dairy Queen soft-serve and frozen treat dispensing machines, Blizzard blending stations, commercial grills and fryers, walk-in cooler and freezer, PAR POS system, drive-through communication and menu board equipment, and all interior and exterior signage. The Dairy Queen franchise agreement, customer goodwill, vendor and supplier relationships, and all assignable licenses and permits are included. A complete FF&E inventory will be provided to qualified buyers upon execution of a Non-Disclosure Agreement. This offering is well-suited for an experienced QSR operator seeking a proven franchise platform, a first-time franchise buyer entering the Dairy Queen system with minimal execution risk, or an investor acquiring a stabilized going-concern business with a hard-asset component. SBA 504 and 7(a) financing may be available to qualified buyers, significantly reducing required equity at closing. International Dairy Queen, Inc. (IDQ) provides comprehensive onboarding and ongoing franchise support including initial training, operational manuals, proprietary system access, and brand standards guidance. The current owner is willing to provide a transition period to ensure continuity of operations. IDQ's franchisee support network remains available to the incoming owner post-closing. To protect the confidentiality of the ongoing business operation, all prospective buyers are required to execute a Non-Disclosure Agreement prior to the release of any financial statements, tax returns, or proprietary operating data. Site visits are conducted by appointment only and coordinated to minimize disruption to daily operations. All inquiries must be directed to the listing broker. Do not contact the business or its employees directly.
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Property Features
- MLSID: 397771
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