Great Franchise Opportunity - Multiple Locations

Not Disclosed, OR
Washington County


Asking Price: Annual Revenue:
$1,399,000 $2,742,044

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Great Franchise Opportunity - Multiple Locations Broker: Peter Reding

Quick Facts

Asking Price: $1,399,000
Annual Revenue: $2,742,044
Net Profit: Not Disclosed
Cash Flow: $392,684
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 49
BBN Listing #: 277252532
Broker Reference #: 79071-983228

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Business Overview:

An up and coming franchise business in the Northwest with net profit for the first third of 2019 exceeding $142k and at this pace will exceed expectations $500k net profit in 2019. These numbers are after the owners salary. The first store opened in September 2014 and to provide a quality dining experience for a reasonable cost. This franchisee has opened four (4) locations in four (4) years and grown each on to be profitable in six (6) months. Revenues continue to grow and the business are becoming increasingly profitable. There are multiple revenue streams that are growing quickly.

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Property Features and Assets:

Four (4) locations were open in four (4) years. These stores are located in and around the Portland Metro area with two (2) being in prime locations for large volumes of business. The other two (2) mall locations growing with the increase in Portland area shoppers. The brand recognition is also driving growth in the northwest.

Market Competition and Expansion:

There is no other franchise in the Northwest that provides thhis type of food at this price point. All other restaurants of this type are independent and are located in other areas. These independents can't compete with the power of the franchise. The addition of 2 locations in the Portland-Vancouver metro area would increase the business substantially.

Reason for Selling:

change

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 not a franchise resale opportunity.

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