Meal Preparation & Catering, REDUCED $45,000, below FF&E, ready to be Franchised!
Location: North Carolina > Mecklenburg County
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $175,000
Gross Revenue: $347,929
Cash Flow: $53,208
Inventory: $3,400 (Included in Asking Price)
FF&E: $198,000 (Included in Asking Price)
Real Estate: (Included in Asking Price)
Seller Financing: yes to the right buyer
Business Summary
PRICE REDUCED BY $45,000 NOW BELOW FF&E Business ready to be Franchised! This business was established with systems for easy replication into multiple locations and or franchising. Meal preparation business with an outstanding reputation for fresh recipes, customer service, and customer loyalty. All food is prepared under the watchful eye of the competent staff including chefs from Johnson and Wales College of Culinary Arts. The business makes meal time less stressful by providing two convenient ways to create home-cooked meals. In one hour customers can create 12 dinners that feature up to 6 servings each. The second convenient way to home-cooked meals is the option of ordering meals pre-assembled by the staff for quick customer pick up. This store sets the standard for attractiveness and functionality. It includes custom built-in prep stations and a beautiful warm homey interior design. The meal assembly stations are complete with easy to follow recipe cards, fresh ingredients, spices, measuring cups, spoons, and take home containers. Customers just follow the provided cooking instructions.Tremendous opportunity for growth. Currently, business is only open 3-4 days a week for sessions due to limited time of owners and could easily be expanded. This is not just a meal assembly business! The current space can be used for culinary classes, corporate events, kids parties/classes, baby showers, and church events. Expansion to include catering is also possible. The commercial kitchen is just beginning to be rented out on an hourly basis during off business hours to caterers. Owners regularly receive requests to open second and third locations in other areas because of the quality of the food and recipes. The owners have also been asked to franchise the business. Business was established with the idea to establish systems for easily replication into multiple locations and or franchising. Website built to be used for multiple locations.
About the Business
Year Established: 2006
Employees: 5 full time -
Facilities: 2,000 square feet in high traffic location. 25 feet of frontage and 80 feet deep. Space is located in a large regional shopping center. There is excellent access and parking. Over 35,000 cars pass daily. Lease Term: June, 2009. Two three year renewable lease terms at desirable rates.
Market Outlook and Competition: Closest true competitor is 15 miles. Additional smaller competitors include over 15 miles. There is tremendous opportunity for growth with this business. Currently this location is only open 3-4 days a week for sessions due to limited time of owners. This business could easily be expanded if adequate time was put into business. In addition, this is not just a meal assembly business! The current space can be used for culinary classes, corporate events, kids parties/classes, baby showers, and church events. Expansion to include catering is also possible. The back kitchen is currently rented out on an hourly basis during off business hours.
About the Sale
Management Training and Support: Manager and competent staff including chefs from Johnson and Wales College of Culinary Arts. Support/Training: Owners will provide transitional training and support.
Reason For Selling: Other biz Interests/constraints & family demands
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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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