Rapidly Growing Fast Casual Restaurant, Development Rights!
| Asking Price: | $435,000 | Inventory: | $5,500 ++ |
| Gross Revenue: | $825,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $120,000 (comments below) | FF&E: | $350,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: Increased sales will occur with a hands on operator | |||
| Cash Flow Comments: Operate as a full time owner and watch the cash flow grow | |||
One of the nations hottest and rapidly growing fast casual concepts is available for this area of South Carolina. This restaurant has annual sales of over $800,000 and cash flow of $120,000. The facility is in a very attractive trade area with excellent vehicular traffic counts and substantial daytime and residential population. The seller is absentee and wants to sell this operating business for $375,000 and a three unit development agreement for $60,000 for a total purchase price of $435,000. There is room for at least 12 units in this market place. This concept has a terrific menu that is rated higher than its competition on its menu, value and speed of service. The average new unit cost is less than $350,000 and you can finance up to 85% of each unit. The cash on cash return in year one is one of the highest in the restaurant industry. If you have been looking for a path to long term success with sustainable growth then you should investigate this opportunity.
About the Business
Year Established:2005
Employees:10 full time - 16 part time
Facilities:Excellent design for this fully equipped restaurant that is located in a very attractive shopping center in a dense commercial and retail trade area.
About the Sale
Management Training and Support:Excellent training and long term support.
Reason For Selling:Seller is absentee and wants to focus on a larger opportunity in his home market.
Seller Financing:There is a good possibility of some seller financing for a qualified franchise operator.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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