Fast Food Franchise With Beer & Wine
Location:
United States
->
California
->
Southern California - All Southern California
->
Ventura
Industry: Food and Beverage > Other Food and Beverage
Business Summary
This 5 year old franchise restaurant for sale with beer and wine is a proven, absentee owned business in a major shopping center. The concept, which has experienced continued popularity in recent years (and despite the economic downturn) shows signs that it should continue to thrive. With an average build-out expense ranging from $500,000 to $600,000, this sale represents tremendous value to those seeking the security of a an absentee owned, established franchise but does not seek to experience the time or hassle associated with new location site selection, lease negotiation, build-out, beer and wine permitting, and ramp up time. Asking Price 425,000.
The restaurant is located in a 2,000 square foot facility that leases for $8,100 (including CAM) on a lease until 2016. The sale includes all of the furniture, fixtures and equipment of the business, as well as the franchise rights, inventory and goodwill. As the business is located in large shopping center, competition naturally exists. This location has exploited it niche and developed a loyal following of employees, shoppers and nearby residents. This business could benefit greatly from a higher degree of management oversight, as it is currently run entirely absentee. A working owner-operator will likely result in an improved customer service, increased productivity, and greater operating efficiency.
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$840,000
Cash Flow:
$80,000
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: No
About The Business
Year Established: 2008
Number of Employees: 10 - 19
Relocatable: No
Franchise: Yes
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: 2 weeks at 20 hours / week.
Reason For Selling: Other business ventures.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Other Food and Beverage business for sale.
|
Print Listing Id: 70097898
|
Business and Commercial Loans
Over 300 Lenders are waiting to help you with Financing for Business Purchase, Franchise, Commercial Mortgage or Equipment - Get Financing Now!
|
|
|
|
NEWSLETTER
|
|
Sign up for Free Industry-Related News on Business and Franchise Opportunities
|
|
|
|
|
