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)
...
« Close this window »