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  • RE:  Well-Established Fast Casual Franchise Restaurant
  • Contact:  Julia Harrison
  • License #: SL3525070

Quick Facts

Asking Price: $199,000
Annual Revenue: $607,395
Net Profit: Not Disclosed
Cash Flow: $97,174
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 12
BBN Listing #: 944976
Broker Reference #: 4110-00424

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Business Overview:

This well-established, popular Greek fast casual restaurant represents a great opportunity to take over from the current owner who is relocating and build on the opportunities offered within the $1 trillion dollar restaurant and food service market.

Located just off a busy main road with daily passing traffic of over 60,000 vehicles, the business is part of a well-known franchise, and this location was established in 2018. There are reliable staff in place who know the business well and the restaurant has a loyal customer base.

The current owner only works 10 hours per week and has 3 shift managers in place to deal with the day-to-day operations. The financials have been adjusted to reflect a full-time working owner. There is plenty of scope for growth for an owner-operator who can commit to the role full time, and with the business already generating revenue in excess of $600k in 2023 there is a solid base to build from.

The restaurant is over 1,850 sq ft in size and offers a turnkey ready business opportunity for a buyer. There is a lease in place until July 2025 with a first right of renewal.

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Reason for Selling:

Relocation

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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