MergerPlace

Fast Casual Restaurant – Excellent

Florida (Broward)


  • Asking Price: $720,000
  • Gross Income: $1,361,754
  • Cash Flow: $304,499
  • Real Estate: Not Disclosed
  • Inventory: $10,000
  • FF&E: $75,000
  • Listing ID: #209800
  • Established: 1990
  • Employees: 14

Business Description

Recently remodeled, fast casual franchise restaurant established 28 years. Located on a busy main road with large roadside sign, plentiful parking, and drive thru. Long term employees. $270k invested into the remodeling within the last 3 years. Remodeling was completed in early 2018. Sales are up over 10% and profitability is up over 28%. This is a well-documented business with long term lease and franchise agreements. Low cost transfer and training fee. SBA lender prequalified. Key opportunities to grow. Full CIM available.. Please refer to listing 0101-991435 and advisor Ray Copell when inquiring.


Business Details

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

Company Information

Year Established: 1990
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 14

Financial Information

Asking Price: $720,000
Gross Revenue: $1,361,754
Cash Flow: $304,499
FF&E: $75,000
Inventory: $10,000
Seller Financing Available: Yes

Property Information

Facilities:

Lease/Month: 10,254, Square Footage: 3,200, Building Type: Free Standing Terms & Options: 2 Five Year Expiration Date: 9/30/2025

Reason for selling:

Retirement

Support & Training:

Seller will train for 2 weeks at no cost

Contact Business Seller

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Business Listed By:

Ray Copell

Transworld Business Brokers