Business For Sale

Franchise Soup & Salad Bar

Not Disclosed, TX
Collin County

North Dallas

Asking Price: Annual Revenue:
$59,000 $542,589

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Franchise Soup & Salad Bar Broker: Moon Kim

Quick Facts

Asking Price: $59,000
Annual Revenue: $542,589
Net Profit: Not Disclosed
Cash Flow: $42,803
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 1993
Employees: 16
BBN Listing #: 263019188
Broker Reference #: 000581

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Business Overview:

Nationwide soup & salad buffet franchise placed in a prime location is available for acquisition. This business was originally established in 1993 and acquired by the current owner of the business in 2013. Most of the customers are middle-class families and seniors that live within the densely populated residential neighborhoods that surround this area as well as the constant traffic from the major highway right next to the shopping center. Net sales average was $650,000/year that is consistent due to the active marketing done by corporate and loyalty cards provided to many regulars. Although corporate marketing has provided ample amount of marketing nationwide, other proactive marketing methods needs to be utilized to generate more cash flow and acquire new customers in the local untapped areas. Competition is expected for buffet-type businesses, but this is the only buffet business that provides healthy menu items while other competitors are known for typical Chinese buffet items that is high in calorie. There are many ways to proactively market this business such as direct mailing, family bundles, add more menu items, social media outlets and catering services. Owner involvement will provide an instant increase in sales as a full-time owner-operator will cut payroll expenses on having additional managers in place and effectively increasing the cash flow. Various menu items are provided at this franchise buffet that can range from salads, bread, fruits, pizza, baked potatoes, pasta, soups and desserts. This franchise buffet is in perfect condition for a potential buyer to proactively market this business while being fully involved in the day-to-day business operations.

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Property Features and Assets:

This business is placed in a 3,837 SF retail strip center that is placed right next to a major highway and is extremely visible for any vehicles passing the shopping center. All equipment is in impeccable condition and in working order. / Inventory: $3,000 (Included in listed price).

Market Competition and Expansion:

Competition: Some competitors are within the immediate market area, but all other competitors provide different menu items selections that are mostly all unhealthy while this business provides more options for healthy items. / Growth and Expansion: Corporate marketing is in place that brings constant customer traffic to the business, but other marketing methods can be utilized to generate much more cash flow and acquire more customers in untapped regions.

Reason for Selling:

Currently run absentee, wants to retire.

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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