MergerPlace

CONCEPT & IP | FAST CASUAL

Boston, Massachusetts


  • Asking Price: $7,900,000
  • Gross Income: Not Disclosed
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #220964
  • Established: Not Disclosed
  • Employees:

Business Description

We have strong AUVs of $1.3M in a competitive market.
We have survived & thrived through multiple recessions and competitors.
A loyal team that believes in the company and what it stands for. A strong, unique culture rarely seen in the restaurant business.
Average tenure of team members is 4 years, of GMs is 12 years.
History of strong unit economics, many stores cash flowing over 20%.
One of the very few Certified B Corporations in the country. Walking the walk.
More relevant marketing, including digital, is huge opportunity.
No-brainer improvements for an experienced operator to gain margin points and significant profit on tighter food cost controls, shopping better vendor contracts.
There is an opportunity to lower base wages but instead introduce performance based bonus programs to help people reach their current raises and beyond.
A more present owner or partner could make a huge impact.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Massachusetts
Metropolitan Area: Boston

Company Information

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

Financial Information

Asking Price: $7,900,000
Seller Financing Available: No

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Business Listed By:

Dejan Vojnovic

restsearch.com