Fast Casual Dining Restaurant

Fargo, North Dakota (Cass)

  • Asking Price: $99,000
  • Gross Income: $760,873
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $30,000
  • FF&E: $300,000
  • Listing ID: #200751
  • Established: 2015
  • Employees: 6 FTE; 9 PTE

Business Description

Newly opened fast casual dining restaurant for sale. Turn-key operation with a great opportunity for the right person. Consists of good American food, hand-made shakes, as well as fresh, never-frozen, made-to-order burgers.

Breakdown of revenue: 76% food, 24% beverage sales. Operates from Monday to Saturday, 10:30 a.m. – 9 p.m., and Sunday 11 a.m. – 6 p.m. 32% COGS – New owner could lower COGS to 25%-27%. Currently an absentee business. Payroll expense is 39%. Labor cost should be below 30% of annual revenue. An owner-operator could do significantly better.

Good location with built-in customer traffic. The facility is new, as was custom fitting into 880 square feet of space with extremely high foot traffic. About to celebrate its 2nd year in business.

Corporate is very accommodating in training a new owner. Corporate office provides a two-week sales training. Knowledgeable staff is ready to assist in training, as well.

Top-notch product. Owners have no experience in food & beverage. A new owner-operator with a food background could be very successful.

This is an established business, this is NOT a new franchise or start-up opportunity. ***Please look for an email titled "Morgan & Westfield –“Fast Casual Dining Restaurant” after contacting us. You can access more information on this business after e-signing our Confidentiality Agreement. ***

Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: North Dakota
Metropolitan Area: Fargo
County: Cass

Company Information

Year Established: 2015
Home Based: No
Franchise: Yes
Relocatable: Yes
Number of Employees: 6 FTE; 9 PTE

Financial Information

Asking Price: $99,000
Gross Revenue: $760,873
FF&E: $300,000
Inventory: $30,000
Seller Financing Available: Yes

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Business Listed By:

Arthur Williams

Morgan & Westfield