MergerPlace

Multi-Unit Fast Casual Restaurant

Ohio


  • Asking Price: $3,775,000
  • Gross Income: $6,007,911
  • Cash Flow: $6,007,911
  • Real Estate: Not Disclosed
  • Inventory: $42,000
  • FF&E: $1,603,400
  • Listing ID: #219514
  • Established: 2010
  • Employees: 30 FT / 20 PT

Business Description

Multi-Unit Fast Casual Restaurant Franchise with Area Development Agreement (ADA) that covers a large multi-county territory including Cleveland, Akron, Youngstown, Erie PA and Pittsburgh regions. Highly Covid Resistant Business! As a fast-casual concept, many customers already enjoy their food outside of the restaurants so with some increased attention to Curbside Pickup and 3rd party delivery, Sales have been strong! This company owns a number of individual restaurant locations as well as acting in a supervisory role over a number of franchisees within the territory. The fully transferable ADA gives the owners an opportunity to grow their company not only by investing in new stores at a discounted royalty rate, but also by taking a percentage of the royalties of existing and all future franchisees within the territory. Profitable as is with great room for growth through market penetration. The operation is very well staffed at all levels, including several supervisors, as well as managers and assistant managers at each location. The ideal buyer for this business would have some multi-unit supervisory experience and/or prior business ownership experience as well as some sales, marketing and management skills.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Ohio

Company Information

Year Established: 2010
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 30 FT / 20 PT

Financial Information

Asking Price: $3,775,000
Gross Revenue: $6,007,911
Cash Flow: $6,007,911
FF&E: $1,603,400
Inventory: $42,000
Seller Financing Available: No

Property Information

Reason for selling:

Retirement

Contact Business Seller

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Business Listed By:

Bill White Jr

Murphy Business Brokers