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Wholesome Foods-Franchise Restaurant
Location: United States -> New Mexico -> Bernalillo County
Industry: Franchises > Food and Beverages




Business Summary

This is a turnkey, well established, Santa Fe restaurant recognized for its impressive 45 foot buffet offering a large variety of gluten free, vegetarian and vegan options while serving lunch and dinner. This business is located on the epicenter of the busiest retail and commercial artery in town. Inception of the business was originally half a decade ago by the current owner of the business in 2013. Most of the customers are tourists that are traveling to the nearby tourist attractions and middle-class families that live the surrounding densely populated neighborhoods. Net sales average is $890,000/year that has been consistently increasing throughout each year since inception without any local marketing done except corporate marketing. The numerous nationwide retailers and grocery chains anchor this business with huge amounts of foot traffic as well as the extremely busy intersection that is packed consistently with motor vehicles. There are many ways to proactively market this business such as direct mailing, family bundles, add more menu items, social media outlets and catering services. Owner involvement will provide an instant increase in sales as a full-time owner-operator will cut payroll expenses on having additional managers in place and effectively increasing the cash flow. Competition can also be expected for this type of business, but there is no true competitor that is within the immediate market area of this business that has a similar concept. Various menu items are provided at this franchise buffet that can range from salads, bread, fruits, pizza, baked potatoes, pasta, soups and desserts. This franchise buffet is in perfect condition for a potential buyer to proactively market this business while being fully involved in the day-to-day business operations.
For more info, please call Moon Kim at 1-866-519-2421.

Asking: $139,000
Furniture, Fixtures & Equipment: $75,000 (Included in listed price)
Inventory: $5,000 (Included in listed price)
...


Financials

Asking Price Range:  < $250K
Gross Revenues:   $830,238
Cash Flow:   $118,044
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  1984
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  The owner of the business will provide the necessary training needed to smoothly transition into the business operation.
Reason For Selling:  Retirement.




Print Listing Id: 700341645
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Related Searches: Food and Beverages  >  Retail  >  Service  >  Other Franchises  > 

Also See: Franchise Opportunities > Franchise Resales > New Mexico Businesses For Sale > New Mexico Franchises For Sale > New Mexico Business Brokers



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