Popular Fast Casual Fish Franchise in San Clemente

San Clemente, CA
Orange County


Asking Price: Annual Revenue:
$560,000 $1,298,219

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Popular Fast Casual Fish Franchise in San Clemente Broker: Jerry Diza

Quick Facts

Asking Price: $560,000
Annual Revenue: $1,298,219
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 #: 615857972
Broker Reference #: 19033HP

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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!

DEMOGRAPHICS:
Per City-Data website, this city has:
Estimated median income of approximately $78k in 2016
Population of over 35k in 2016.
Median price of a detached home: $869k with median rents at $1693 in 2016

CURRENT MANAGEMENT & LABOR:
Absentee ownership with BOH and FOH management. 25% payroll costs.

FINANCIAL SUMMARY:
2018 Sales: $1,298,219
Rent at: 10%($11,033, including CAM)
COG at: 35%
Payroll at: 25%
Misc at: 10%
Royalty at: 8%
Earnings at: 12% (over $155k cash flow, Full absentee ownership!!).

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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: 1856 sf with beautiful build-out! Type-41 beer and wine license and seating capacity over 49 located in high foot traffic upscale outdoor mall. Long lease with over 7 years left on current lease with 2 more 5-year options. Located in a beautiful coastal city.

Market Competition and Expansion:

MARKETING OPPORTUNITIES: 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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