Business Overview:
Be part of a national growing Fresh Mex Brand. There are over 300 units of this brand. This unit was owned by the company and is now absentee owned by an out of state franchisee. The unit is located in a busy shopping center and has a long term lease. The systems are easy to follow and the food is very good. All equipment was updated one year ago. There is a full team in place that could help with the transition. The franchisor will provide full training. The concept will qualify for SBA financing. Food costs are running around 32%.. A buyer must have $250k liquid to be approved by the franchisor. This is part of 3 units for sale in the Philadelphia area
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:
3000 sq. ft end cap in prime shopping center. There is over 1mil sq. feet of office space in the area. The area also has plenty of high end homes. All equipment is in good condition. There is a POS system in place.
Market Competition and Expansion:
Competition: Current owner is absentee and has done no marketing or advertising since he purchased the locations 1 year ago.
Growth and Expansion: There is plenty of room for growth in the area. The franchisor is national with over 300 units and is interested in growing in the Philadelphia market.
Reason for Selling:
out of state absentee franchisee
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.
Resources: