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- RE: Turn Key Fast Food- Southeast MN
- Contact: John Mangouras
Quick Facts
Asking Price: | $100,000 | |
Annual Revenue: | $486,707 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $33,720 | |
Real Estate: | Not Disclosed | |
Year Established: | 2015 | |
Employees: | 9 | |
BBN Listing #: | 40694955 | |
Broker Reference #: | 5107-17877 |
Business Overview:
Well established turn-key fast casual restaurant in Southeast MN. Located in a high foot-traffic area. It boasts a professional and dependable full staff with an onsite general manager. Terrific location, with many loyal and transient patrons. Fantastic opportunity for growth, making this business a wonderful opportunity to get into the MN restaurant market.
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Property Features and Assets:
The building is leased. Lease expires November 1st, 2023. Landlord is open to negotiations on new lease. Assets = $66,720
Market Competition and Expansion:
Although there are many restaurants in the area, the Mayo Clinic brings in millions of visitors every year and is the economic hub of Southeast, MN, leading to extremely high demand when compared to the population size. This business is well situated for the continued expansion of this area's economic base and should capitalize fully on the growth in the area. Well poised to capitalize on growth in the local community, a new owner could focus on these areas to increase the top and bottom line: 1) improve marketing efforts, 2) stronger focus on cost of goods, 3) stronger emphasis on delivery and catering.
Reason for Selling:
Location is too far away, owner wants to divest.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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