Popular Fast Casual Fish Franchise in Brea

Brea, CA
Orange County


Asking Price: Annual Revenue:
$250,000 $851,768

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Popular Fast Casual Fish Franchise in Brea Broker: Jerry Diza

Quick Facts

Asking Price: $250,000
Annual Revenue: $851,768
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 558157972
Broker Reference #: 19032HP

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Business Overview:

DESCRIPTION: Hard to come by popular quick service fish franchise for sale! Absolutely beautiful, clean modern build-out, beer and wine license with high gross sales! Great online reviews, reaching close to 1000 reviews on Yelp.com!

DEMOGRAPHICS: Per City-Data website, this city has: Estimated median income of approximately $89k in 2016 Population of over 41k in 2016. Median price of a detached home: $839k with median rents at $1730 in 2016

CURRENT MANAGEMENT & LABOR: Absentee ownership with BOH and FOH management. 17 part time employees.

FINANCIAL SUMMARY:
2018 Sales: $851,768
Rent at: 13%(9,765, including CAM)
COG at: 33%
Payroll at: 30%
Misc at: 10%
Royalty at: 8%
Earnings at: 6% (Full absentee ownership).

PRICE: Contact for price! Owner owns another location in South OC and can be sold together in a combo deal with this location. Ask for details!

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Property Features and Assets:

EQUIPMENT: Back of house: Type-1 hood, grills, fryers, grease trap, walk-in, freezers. Front of house: POS system, chair and tables for 49+. FACILITIES & OPERATIONS: 1693 sf with beautiful build-out! Type-41 beer and wine license and seating capacity over 49 with great patio space. Long lease with over 6 years left on current lease with 2 more 5-year options. Located in a newer mixed-use plaza which includes a high-end popular market, store fronts, and residences.

Market Competition and Expansion:

Popular franchise in need of more social media presence. Need to offer 3rd party delivery to capture more top line sales and online presence.

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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