MergerPlace

Profitable Rest Chain with 3 Loc

Florida (Palm Beach)


  • Asking Price: $795,000
  • Gross Income: $1,690,378
  • Cash Flow: $261,978
  • Real Estate: Not Disclosed
  • Inventory: $16,000
  • FF&E: $400,000
  • Listing ID: #198779
  • Established: 2009
  • Employees: 24

Business Description

This sale consists of 3 successful restaurant locations with total gross sales of $1.7M and an annual owner cash-flow of $262k. Semi- absentee run with management and staff in place. Concept is clean and modern w/ counter order & self serve. Each loc. seats between 45 to 70. The trademark and concept is ready to be taken to next level and become the next hottest franchise on the market. If buyer chooses the seller will remain as a consultant to assist in the development and of future locations. Please refer to listing number 6401-76617 and advisor Max Crescenzi when inquiring.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Florida
County: Palm Beach

Company Information

Year Established: 2009
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 24

Financial Information

Asking Price: $795,000
Gross Revenue: $1,690,378
Cash Flow: $261,978
FF&E: $400,000
Inventory: $16,000
Seller Financing Available: Yes

Property Information

Facilities:

Lease/Month: $13562, Square Footage: 4600, Building Type: Plaza, 3 Loc. Terms & Options: 2-5 year options Expiration Date: 7/30/2018

Growth & expansion opportunities:

With 3 successful locations, the concept is a proven money maker. This brand is ready to become the next best franchise.

Reason for selling:

Other interests

Support & Training:

Seller will train for two weeks at no additional cost

Contact Business Seller

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Business Listed By:

Max Crescenzi

Transworld Business Brokers