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Asking Price:	$1,070,000 USD USA Dollars
Business for Sale Industry:	Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling:	Owner wishes to concentrate on another business
Year Established:	2006
# of Employees:	20
Yearly Revenues:	$1,487,000

Business for Sale Overview:

** PRICE REDUCED TO $1,070,000 FOR QUICK SALE ** This innovative, upscale casual dining franchise opened in Mid 2006 with 2 locations, one in East El Paso and one in West El Paso. Operating within the "fast casual" business segment, this chain combines the speed and convenience of fast food with high quality food at a reasonable price. The restaurants are family friendly and include pizza, sandwiches, salads, soups, coffee and beverages and other specialty items as well as a full selection of California wines. The current owners are working full time building a different restaurant chain in Mexico and have decided to sell all of their United States restaurant holdings. This would be a wonderful opportunity for an entrepreneur wanting to get into the restaurant business with a well developed franchise or wanting to expand his current restaurant business. (Gross Sales are based on 2007 actuals).

Property Features and Assets:

Both the Eastside and Westside locations are new state of the art construction and both are in areas of high demand for food services. The Eastside location is approximately 3,246 square feet @ $5,410 per month, and the Westside location is approximately 4,500 square feet@ $6,750 per month. Store 1 lease expires 2021 including renewals, and Store 2 lease expires 2018 including renewals.

Market Competition and Expansion:

Due to population growth near both of these locations, demand for restaurant and food services is expected to increase over the next several years. Growth and Expansion: Because these restaurants (and this restaurant concept) is relatively new, the restaurants expect further growth as more people become familiar with the high quality food provided. Along these lines, the current owner feels that a large scale advertising program would significantly improve sales and profits dramatically.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for the new owner.
• This is not a homebased business opportunity.
• This is a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.