MergerPlace

Healthy Fast Food Restaurant

Washington (King)


  • Asking Price: $349,000
  • Gross Income: $698,411
  • Cash Flow: $155,490
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $150,000
  • Listing ID: #204296
  • Established: 2017
  • Employees: 5 FT / 4 PT

Business Description

Better For You Foods go mainstream! This salad shop is the best quick-service salad shop serving salads, soups, wraps & bowls. The Flagship store is in a Seattle prime location. There is high foot traffic. The look is an eye catching, welcoming, modern European style. They use fresh ingredients, bold flavors and "Superfresh Technology". It is in its first year and monthly revenues are averaging over $36,000 per month with no advertising and yet to fully roll-out catering. The target revenue of $1 million per year can be achieved. Modern quick-service is provided through a well developed online mobile app. They have hired a Catering Manager and have a number of successful client companies using them for catering and corporate events. Multiple sources of revenue include eat in, take-out, delivery, catering and private label products. The Test Kitchen has introduced new, exiting and bold flavors making it best-in-class in every way.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Washington
County: King

Company Information

Year Established: 2017
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 5 FT / 4 PT

Financial Information

Asking Price: $349,000
Gross Revenue: $698,411
Cash Flow: $155,490
FF&E: $150,000
Seller Financing Available: No

Property Information

Facilities:

Great location--high foot traffic, ideal target markets, high median income and within close proximity to downtown Seattle. Rate is below market because the landlord was so impressed with this restaurant as the tenant. The lease is for 10 years with two 5 year options.

Growth & expansion opportunities:

The potential is there to open multiple company-owned locations and to become a national player by franchising. They are accelerating healthy eating locally and beyond by providing this delicious option. The Founder wants a restaurant on every corner. The flagship store is amazing and is a solid base to expand.

Competition:

Its broad customer base is nothing shy of wild enthusiasm. It has set itself apart with deliciously healthy eating. They have already had more than 73,000 raving customers and growing. They have figured out the right combination of fresh ingredients, bold flavors and quick quality service at a moderate price.

Reason for selling:

The Founder had a big dream for multiple stores in Seattle and franchise throughout the country, but due to a family member's illness cannot see those plans through. The hard work is done. The flagship location is well established and ready for a new owner.

Support & Training:

Will train for 2 weeks @ no cost The expanded menu includes wraps, quinoa bowls, custom made salads, vegetable sides, box lunches and more delicious goodness. Dressings, and healthy snack items. It was the favorite snack at the outdoor movie nights at a local brewery.

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Business Listed By:

Judy Elrod

Murphy Business Brokers