Bob Evans

Interested in selling your Bob Evans NNN property or Bob Evans ground lease property and was wondering what you can get for it in today’s changing market?

Contact us for a complimentary broker opinion of value for your off-market Bob Evans NNN property for sale or Bob Evans ground lease property for investment, specifically tailored to support your 1031 exchange requirements. This valuable assessment will provide you with the necessary clarity to make informed decisions regarding the sale of your Bob Evans NNN property or the inclusion of a Bob Evans ground lease property in your investment portfolio. As specialists in working with 1031 exchange buyers seeking off-market Bob Evans properties, we are dedicated to delivering competitive offers with reduced fees to help you maximize your investment returns.

Number of locations

As of April 2023, Bob Evans Restaurants has over 439 locations in 18 states in the United States. The state with the most Bob Evans Restaurants locations is Ohio, with 182 locations.

Revenue and income

In 2022, Bob Evans Restaurants’ total revenue was $1.3 billion. Net income was $39.2 million.

Future plans

Bob Evans Restaurants plans to continue expanding its footprint in the United States. In 2023, the company plans to open 10-15 new locations. Bob Evans Restaurants also invests in new technologies like online ordering and mobile payments.

Corporate vs. franchise

About 90% of Bob Evans Restaurants locations are franchised. Corporations hold 10% of the total. Franchisees typically spend $30,000 on the franchise fee and 5% of gross sales on royalties.

Additional informationBob Evans Properties

Bob Evans History

Why Invest in Ground Lease and NNN Lease of Bob Evans?

1) Bob Evans NNN Property Investment: Stable income

2) Bob Evans NNN Property Investment: Established tenant

3) Bob Evans NNN Property Investment: Low management responsibility

4) Bob Evans NNN Property Investment: Favorable lease terms

5) Bob Evans NNN Property Investment: Real estate value

Strategically located Bob Evans Restaurants in high-traffic areas can enhance the property’s value, offering the possibility of capital appreciation.

Pros and Cons of Bob Evans Ground Lease and NNN Lease Investment

Pros:

1. Reliable income from a well-established and popular brand.
2. A strong reputation and customer base reduce tenant turnover risks.
3. Tenant responsible for property maintenance, reducing landlord obligations.
4. Long lease terms provide stability and the potential for increased income.

Cons:

1. Lease renewal risk at the end of the lease term.
2. Profitability tied to the success of Bob Evans Restaurants and industry challenges.
3. Market competition can impact the restaurant’s performance.
4. Limited control over property decisions as tenants handle operations.
5. Economic and market risks inherent in real estate investments.

When investing in Bob Evans Restaurant properties, thorough due diligence is crucial. Location, lease terms, tenant strength, and investment strategy should be carefully evaluated. Seeking guidance from real estate professionals and financial advisors can help align your investment with your goals and risk tolerance.