Business For Sale

2 Moe's Southwest Grill Locations $400k Cash flow

Virginia Beach, VA
Virginia Beach City County


Asking Price: Annual Revenue:
$1,150,000 $1,834,764

Food & Beverage: Restaurants, Fast Food, Deli


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RE: 2 Moe's Southwest Grill Locations $400k Cash flow Broker: Ross Weinstein

Quick Facts

Asking Price: $1,150,000
Annual Revenue: $1,834,764
Net Profit: Not Disclosed
Cash Flow: $400,000
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 2003
Employees: 54
BBN Listing #: 82549072
Broker Reference #: Not Disclosed

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Business Overview:

These two prime location Moe's Southwest Grills have consistently upwardly trending revenue and strong cash flow. The locations are fantastic and the strong national brand name recognition and good will is superb. Consistently rated among the best fast casual Mexican restaurants in America, the 700 plus stores are blessed to have the support and buying power of the world renowned FOCUS BRANDS. The royalties are a low 5% and the national and local advertising fees are both 2%. There are many opportunities to growth business that a new owner can embark upon such as catering. With these two turnkey stores and the strong cash flow an energetic owner can take them to the next level.

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Property Features and Assets:

Both locations are in prime shopping centers. The Virginia Beach one is approx. 3000 sq. ft. and rents for $4750/month. The Chesapeake location is approx. 2198 sq. ft. and rents for $4,568/month.

Market Competition and Expansion:

Catering and the new initiatives the cutting edge franchisor tests and rolls out.

Reason for Selling:

Retirement

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.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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