Wholesome Foods-Franchise Restaurant

www.GlobalBX.com

Listing ID: 700341645

Listing Title: Wholesome Foods-Franchise Restaurant

Quick Link: http://www.globalbx.com/listing.asp?bId=341645

Industry: Franchises

Industry Segment: Food and Beverages

Country: United States

State / Province: New Mexico

Area

City: Bernalillo County

Asking Price Range: < $250K

Gross Revenues: $830,238

Cash Flow: $118,044

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1984

Number of Employees: 10 - 19

Business Description:
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) ...



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