Seller's Contact Information
- RE: Profitable, Established Two-Location Fast Casua...
- Contact: Michael Greene
Quick Facts
| Asking Price: | $1,200,000 | |
| Annual Revenue: | $2,384,629 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $385,114 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2018 | |
| Employees: | 43 | |
| BBN Listing #: | 505564595 | |
| Broker Reference #: | ALBUQNM001-52966 |
Business Overview:
If you?re looking for a fully-managed, well-regarded, and growing fast casual franchise business, this is the opportunity for you. The site selection, lease improvements, equipment, furnishings, and staffing are all in place. The venues are located in two of New Mexico?s larger cities, and both restaurants are increasing in popularity and brand recognition. Combined, they have averaged an impressive 25% growth rate over the last two years. To learn more, please complete our electronic NDA available at: bit.ly/NDA_Fast_Casual. (Please copy and paste the link into your browser.)A full-time GM oversees the management teams at both locations, and a new GM who started in late 2022 has improved sales, increased employee retention, and raised customer satisfaction. The Seller spends 10 to 15 hours a week working remotely on the business, handling mostly executive tasks.Offering healthy, nutritious, fresh, and delicious fare, this unique fast food concept has little competition in its sector. The brand?s popularity is based on a creative menu customized to patron?s tastes with a variety of flavors and ingredients. Enjoying a higher price point, both locations outperformed the national average for gross and net profit for fast-service restaurants in 2022. About 75% of its business is to-go.Highlights ?Both locations have excellent visibility in modern shopping centers ideally situated in commercially dense areas with high vehicular traffic.?New owners will enjoy training, marketing, and purchasing and vendor relations support from the franchise corporation as well as the extensive documentation developed by the Seller. ?Both locations meet the franchise?s requirements for equipment, signage, decor and leasehold improvements. No upgrades or additional investments are anticipated at this time.?Low barrier to entry. The Franchise requires new franchisees to have liquid capital reserves of $50,000. Buyer is responsible for paying the $5,000 transfer fee. Corporate must approve all potential franchisees. ?Cash flow is based on a full-time owner/operator taking over the primary GM?s position.
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Reason for Selling:
The Seller has other, non-competing business interests that require their full attention.
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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