MergerPlace

Fast Casual Kalamazoo Burrito Restaurant

Kalamazoo, Michigan


  • Asking Price: $79,900
  • Gross Income: $683,991
  • Cash Flow: $96,793
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #208632
  • Established: Not Disclosed
  • Employees:

Business Description

This fast-casual restaurant serves a variety of burritos and grilled wraps to its customers. The Restaurant has since developed a strong, niche customer base consisting significantly of loyal nearby college students and young professionals. The Company operates a well-established concept with and modern and exciting brand concept. The Restaurant has several opportunities to grow and increase profitability.

One of the Company’s founding members passed away leaving an ownership with little restaurant experience. The owners have full-time jobs and are unable to give the Restaurant the attention it needs. Ownership is willing to provide reasonable and customary transition assistance.

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Business Details

Primary Business Category: Retail Trade - Food & Beverage Stores
Location: Michigan
Metropolitan Area: Kalamazoo

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $79,900
Gross Revenue: $683,991
Cash Flow: $96,793
EBITDA: $51,793
Seller Financing Available: Yes

Property Information

Growth & expansion opportunities:

Growth opportunities include: (1) Additional Product Offerings (2) Addition of Food Truck (3) Additional Marketing

Competition:

Investment highlights include: (1) Unique Product: The Company offers a unique product offering that attracts new and existing customers by differentiating themselves from more typical restaurants. (2) Delivery Service: The Company has delivery capabilities to serve its food to customers no matter where they may be. (3) Niche Market: The Company caters to a niche market through its brand and product offerings, which provides it with a valuable system of word-of-mouth referrals. (4) Strong College Markets: Most of the Company’s locations are in close proximity to some of the most popular college towns in Michigan, giving them strong access to a highly in-demand market.

Reason for selling:

One of the founding members of the Company passed away leaving an ownership that consisted of little restaurant experience. The owners have full-time jobs and are unable to give the Restaurant the attention it needs.

Support & Training:

Ownership willing to provide reasonable and customary transition assistance.

Contact Business Seller

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Business Listed By:

Doug Yntema

Calder Capital, LLC