Multi-Unit Fast Casual Restaurant Franchise

Not Disclosed, OH


Asking Price: Annual Revenue:
$3,800,000 $6,007,911

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Multi-Unit Fast Casual Restaurant Franchise Broker: Bill White Jr

Quick Facts

Asking Price: $3,800,000
Annual Revenue: $6,007,911
Net Profit: Not Disclosed
Cash Flow: $834,303
Total Debt: Not Disclosed
FF&E: $1,603,400
Real Estate: Not Disclosed
Year Established: 2010
Employees: 50
BBN Listing #: 59894955
Broker Reference #: 4301-15572

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Business Overview:

Multi-Unit Fast Casual Restaurant Franchise with Area Development Agreement (ADA) that covers a large multi-county territory including Cleveland, Akron, Youngstown, Erie PA and Pittsburgh regions. This company owns a number of individual restaurant locations as well as acting in a supervisory role over a number of franchisees within the territory. The fully transferable ADA gives the owners an opportunity to grow their company not only by investing in new stores at a discounted royalty rate, but also by taking a percentage of the royalties of existing and all future franchisees within the territory. Profitable as is with great room for growth through market penetration. The operation is very well staffed at all levels, including several supervisors, as well as managers and assistant managers at each location. The ideal buyer for this business would have some multi-unit supervisory experience and/or prior business ownership experience as well as some sales, marketing and management skills.

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Property Features and Assets:

Assets= $1,645,400

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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