Owner Financing is Available!
Business Overview:
This specialty franchise restaurant opened in late 2008 and has shown significant sales and profit growth since its opening. The restaurant has 3 main profit centers 1) Retail sales of a signature product(as well as sales of related meats, turkey and other products 2) a dine-in Café and 3) Catering. The restaurant offers a premium product in a clean and upscale environment. This is a tried and true brand with a 50 year history throughout the United States. This business would be a good fit for an entrepreneur, a husband and wife team, or a family wanting to buy a highly profitable restaurant with lots of significant growth potential. Business hours 10am-6pm Mon-Sat. * Adjusted EBITDA Most Recent Year: $188,160 (actual 2011). This offering is structured as an asset sale. This is neither an offer nor a solicitation to sell securities,
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
2500 SQ. FT. @ approximately $2,500/mo. Lease expires 2020 with exercise of lease options. The company is located in a modern center in West El Paso.
Market Competition and Expansion:
Although numerous restaurants exist in the area, this business offers a unique product in an upscale environment. Sales growth has been significant in both 2010 and 2011.”
GROWTH POTENTIAL & EXPANSION – Sales and profit growth has been significant in the 2.5 years of the company’s operation. The current owner believes that the new owner should consider the following to increase sales at an even faster rate 1) Only a very small % of sales come from El Paso’s Eastside-The sale of the business includes rights to a 2nd location and new owner may want to open a second location in East El Paso. 2)Many additional catering opportunities exist. New owner may want to spend additional time marketing this service throughout the El Paso area. 3) The company could benefit from advertising in Mexico as this represents a huge potential customer base.
Reason for Selling:
Owner leaving town
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.