We Sell Restaurants logo

We Sell Restaurants Franchise

Audited Financials
Real EstateEst. 2004Palm Coast, FL
www.WeSellRestaurants.com

Risk Score

Pending analysis

Investment Range

$95,875 - $150,400

Franchise Fee

$37,313

Min Cash Required

$20,000

Total US Locations

57

Business Summary

WSR Franchise, LLC operates a business that offers restaurant brokerage services, including assisting with buying and selling restaurants, reselling franchises in the food industry, and helping with restaurant site selection. The business also provides consulting services related to restaurant sales and location issues.

Corporate History

WSR Franchise, LLC was formed in Georgia on July 26, 2011, and began offering franchises for its Restaurant Brokerage Business in August 2011. The company has a predecessor, We Sell Restaurants, Inc., which was formed in Georgia on July 27, 2004, and has operated a similar restaurant brokerage business since 2005.

Financial Overview

Investment Range

$95,875 - $150,400

Franchise Fee (Low)

$37,313

Franchise Fee (High)

$49,750

Minimum Cash Required

$20,000

Royalty %

15%

Marketing %

2%

Equipment Costs (Low)

$1,450

Equipment Costs (High)

$5,300

Working Capital

$35,000

Audited Financials

Yes

Offers Financing

No

Audit Opinion

Unqualified opinion

Financial Health Notes

WSR Franchise, LLC appears to be financially healthy, showing consistent increases in net income over the past two years. The company reported a net income of $1,299,227 in 2024 and $794,660 in 2023. Current assets significantly exceed current liabilities, indicating strong working capital. The auditors did not identify any substantial doubt about the company's ability to continue as a going concern. A prior period adjustment was made in 2024 to correct an overstatement of members' equity for 2023 due to unrecorded income taxes, which was reflected in the restated financials.

Financing Details

WSR Franchise, LLC does not offer any direct or indirect financing to its franchisees, nor does it guarantee any notes, leases, or other obligations.

Performance Metrics

Total US Locations

57

Franchised Units

54

Corporate Units

3

Franchising Since

2011

Agreement Terms

Initial Term

10 years

Renewal Term

10 years

Renewal Conditions

To renew their franchise agreement, We Sell Restaurants franchisees must provide written notice, be 100% compliant with all minimum performance standards, not be in default on any other measure, be current in all payments, sign a general release, and pay a Successor Franchise Fee. Franchisees should be aware that upon renewal, they may be required to sign a new contract with terms and conditions that are materially different from their original agreement, including potential changes to their territory size.

Training & Support Program

Franchisor Assistance

WSR Franchise, LLC provides extensive support to its franchisees. Before opening, the franchisor assists with territory agreement, office approval, providing lists of approved suppliers, pre-training manuals, and a 5-business day initial training program at its Palm Coast, Florida facilities. They also loan an Operations Manual, approve office renovations, and provide 3 to 5 days of field training. Ongoing support includes additional field training (3-5 days), 24/7 access to the BOSS Knowledge Base and ChatBot, and Help Desk support during business hours. The franchisor holds periodic conferences, including a mandatory annual conference in Palm Coast, Florida, to discuss sales techniques and operational topics. We Sell Restaurants also posts listings on its national website, provides search engine optimization and internet marketing support, offers business trend reports, and assists with social and traditional marketing campaigns. They also help draft marketing documents and inform franchisees of mandatory specifications and new service developments. Additional assistance may be available for a fee.

Initial Training Hours

135

Training Location

Palm Coast, Florida, and in the franchisee's local market

Ongoing Support

After opening, We Sell Restaurants franchisees receive continuous support, including 3 to 5 days of additional field training. They have 24/7 access to the BOSS Knowledge Base and ChatBot, along with a Help Desk ticketing system and personal representatives available during regular business hours for operational inquiries. The franchisor hosts periodic conferences, including a mandatory annual conference in Palm Coast, Florida, to cover sales techniques, new service developments, bookkeeping, and marketing. We Sell Restaurants also posts listings on its national website, provides search engine optimization and internet marketing support, and offers reports on business trends. Franchisees receive assistance with social and traditional marketing campaigns, help in drafting marketing documents, and updates on mandatory specifications and new services. Advertising materials are provided as needed, and additional assistance may be available for a fee.

Franchise Requirements

Ideal Candidate Profile

WSR Franchise, LLC seeks individuals with business experience who are willing to directly supervise their Restaurant Brokerage Business. If an individual franchisee lacks sufficient business experience, they must appoint a Designated Business Manager who is approved by the franchisor. This manager, or the franchisee themselves, must hold a valid real estate salesperson or broker license in their operating state (where applicable) and be a Certified Restaurant Broker. The franchise is not suitable for individuals unfamiliar with standard business practices or unwilling to accept the responsibilities of running a small business.

Industry Experience Required

No

Management Experience Required

Yes

Sales Experience Required

No

Technical Skills Required

Yes

Operational Details

Location Type

commercial

Owner Participation

hands-on

Territory Type

non-exclusive

Territory Size Requirements

The territory for a We Sell Restaurants franchise includes a minimum of 500 restaurants, defined by geographic or zip code boundaries. The specific size and boundaries are negotiated before the Franchise Agreement is signed.

Staffing Notes

We Sell Restaurants franchisees hire agents who must be licensed to sell real estate or businesses within their territory. These agents are required to complete a 5-business day initial training course. The franchise model is designed to support the franchisee and at least one agent with a base website support fee, and additional fees apply for additional agents. Agents can operate as either employees or independent contractors, depending on state laws.