Well-Known Franchise Restaurant
Not Disclosed, CA Butte County
Butte County
Seller's Contact Information
- RE: Well-Known Franchise Restaurant
- Contact: Terry Watts
- License #: DRE#02191771
Quick Facts
| Asking Price: | $29,000 | |
| Annual Revenue: | $344,836 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | 21,085 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2004 | |
| Employees: | 12 | |
| BBN Listing #: | 87514955 | |
| Broker Reference #: | 7005-17519 |
Business Overview:
This well known franchise was started in 1995 with a vision to provide a healthy alternative to fast food restaurants. Since then it has grown to over 200 restaurants and 43 states and is headquartered in Coeur d’Alene, Idaho. It has been awarded the Entrepreneur Magazine Franchise 500 and Inc. 5,000 lists. They specialize in customization and make each sandwich just the way the customer likes it. In addition, they have introduced five new Brown Rice and Quinoa Build Your Own Bowls, a growing food trend.
This would be a great opportunity for an entrepreneur to take advantage of a proven business model with upside potential to expand sales and profitability. Ideally, the buyer would be willing to manage the stores on a full-time basis to maximize marketing opportunities. Although restaurant experience is not necessary, it would be helpful.
This business has a Transfer Fee $5k, to be split 50/50 with buyer/seller.
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Property Features and Assets:
This location is in downtown, 2 blocks from a California State University. This area boasts a town of over 100K people, rich with beautiful parks, restaurants, shops, and craft breweries. The location has been in operation and a fixture in the downtown community since 2004. The store is approximately 1,500 square feet with a 49-person capacity and has a staff of both full and part-time employees, with a General Manager currently working onsite. There are approximately three years remaining on the lease but longer leases can be secured by a new owner. Assets - $24,085
Market Competition and Expansion:
A new owner has opportunities to re-engage with the university community through marketing campaigns, expand hours and product mix, and improve the floor plan to better optimize guest engagement.Â
Reason for Selling:
Personal commitments and full time jobs.
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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