California Based Mediterranean Franchisor Including 1 Franchise Location - SC2267
Not Disclosed, CA Not Disclosed
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- RE: California Based Mediterranean Franchisor Including 1 Franchise Location - SC2267
- Contact: Brett Sargent
Quick Facts
| Asking Price: | $1,490,000 | |
| Annual Revenue: | $1,400,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $450,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $100,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2016 | |
| Employees: | 1 | |
| BBN Listing #: | SB-58905 | |
| Broker Reference #: | SACRACA002-58905 |
Business Overview:
This Californian Mediterranean Franchisor has two California S Corporations (one for the Franchisor and one for the franchise location going with the sale) and was started 10 years ago by the current owners and founder. Serving a wide variety of Mediterranean-based foods and a fast casual dining experience, this successful Franchisor has 20 franchise locations, including the one that is owned by the Franchisor. Systems, processes, procedures, workflows, supply chains…everything is set up and ready to go for further Franchise expansion in California and potentially outside of California as well. Fresh, flavorful, and made to satisfy, every bowl, wrap, and platter is stacked just how the customer wants it. Franchisees are located in high-traffic areas or at popular venues. Places like college campuses, stadiums, airports, or any event center that draws large crowds. As a franchisor, there are revenue streams of franchise fees, franchise renewal fees, franchise transfer fees, and royalty fees.
Contact the Seller:
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Property Features and Assets:
The franchise location coming with the business operates out of 1,200 square feet with a monthly rent of $2,900 and monthly CAM charges of $1,500. There is approximately 4 years left on the lease and it is assignable.
Market Competition and Expansion:
The North American fast-casual Mediterranean restaurant market is experiencing high growth, driven by consumer demand for healthy, customizable, and fresh dining options. Valued as part of a growing $92.4 Billion healthy fast-casual sector, this market is rapidly expanding, with North America holding a 38.2% global market share, largely driven by millennials and busy professionals.
Reason for Selling:
The reason the Seller is selling is due to health reasons. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
- View more California businesses for sale
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