Award Winning Fast Casual Franchise
Not Disclosed, FL Seminole County
Seller's Contact Information
- RE: Award Winning Fast Casual Franchise
- Contact: Anthony Geronimo
Quick Facts
| Asking Price: | $3,990,000 | |
| Annual Revenue: | $5,177,761 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $721,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $575,486 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2012 | |
| Employees: | 51 | |
| BBN Listing #: | 6566630 | |
| Broker Reference #: | 2301126323 |
Business Overview:
The Company is an International Multi-Award Winning Fast Casual Franchise specializing in premium burgers utilizing 100% all natural angus beef free from steroids, antibiotics, growth hormones, chemicals, or additives. They also feature many other high quality food options not made with beef such as Vegetarian Burgers, Wagyu Beef Hot Dogs, Cage-Free Chicken Tenders and Sandwiches, Fresh-Cut Fries, Beer-Battered Onion Rings, Frozen Custard Desserts, as well as Beer and Wine. This opportunity consists of 3 locations: 2 locations are fully operational, and the 3rd location is closed due to relocation and build out of a new store in close proximity to the original. The Landlord is currently in process of building out the new space in preparation to deliver it to the Company for brand build out. The combined EBITDA of the Company reflects the 2021 results of the two operating locations as well as the 3rd location EBITDA 1/1/20 through 8/31/2020. Upon completion of build out and opening of the 3rd location Seller anticipates increased sales and profitability in comparison to the previous location. These locations rank as top performers out of over 175 locations internationally both in Sales Volume and Guest Satisfaction. The current owner of the Company is Absentee regarding daily operations and spends only a few hours a day interacting with the management team in place. The executive Management Team consists of a COO and a Director of Operations both who will stay on for transition and post-sale operations for new ownership. Each operating location has experienced and well-trained management on site. The Company enjoys quality marketing campaigns both on a national level by the Franchisor as well as on the local level to solidify their position as a brand leader consistently delivering one of the top burgers in the competitive consumer marketplace. This fast casual restaurant opportunity is perfectly positioned for acquisition by either an Industry Buyer, Financial Buyers, or to a group of individuals who wish to be involved in the operations along with the current management team. Seller is highly motivated to exit from the Company due to other business opportunities that have presented themselves. All potential acquisition candidates should be prepared to execute an NDA, complete a Buyer Profile along with demonstrating financial ability to transact should the Company meet their acquisition criteria, and also to be approved to operate the locations by the Franchisor. Please refer to listing #2301-126323, Agent Anthony Geronimo when inquiring about this listing. Thank you!
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Property Features and Assets:
Strip Mall
Reason for Selling:
Seller w/ discuss
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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