NOT DISCLOSED, California
| Asking Price |
$690,000 |
Year Established |
1996 |
|
| Annual Revenue |
$1,500,000 |
Reason for Selling |
The Sellers are selling to pursue other interests. |
|
| Annual P/L |
|
Attention |
Brett Sargent |
|
| Annual Cash Flow |
$250,000 |
Listing Number |
1006260 |
|
| # of Employees |
7 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
This casual American full-service restaurant chain is a Northern California C Corporation and has been in operation for the past 30 years under the current ownership. The Franchisor has been in business for over 65 years as a go-to spot for breakfast, lunch and dinner. Known for its comfortable “come as you are” atmosphere, it serves as a popular, often late-night, dining option with a wide, reasonably priced menu. They have almost 1,800 locations across the United States and 13 countries outside of the US. The one ingredient that is always constant – a smile. This business is an absentee owned business.
Property Features and Assets:
This business operates out of 5,000 square feet with a base rent of $14,188 per month and monthly CAM charges of $1,351. The current lease expires in September 2027.
Market Competition and Expansion:
Casual dining restaurants hold a staggering 72% market share in the Full-Service Restaurants Market due to their broader cuisine choices, diverse menus, and greater accessibility. These establishments cater to a wide range of tastes, offering everything from comfort food to international cuisine, making them appeal to diverse customer preferences.The North America Full-Service Restaurants (FSR) Market is expected to grow at a 2.5% CAGR during the forecast period 2025 to 2032.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is a franchise resale opportunity