2 Moe's Southwest Grill Locations W/ Tremendous Cash Flow

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2 Moe's Southwest Grill Locations W/ Tremendous Cash Flow

Business Description

These two well established Moe's Southwest Grill locations have had consistently upwardly trending revenue and very strong cash flow over the years. The locations are fantastic and the national brand name recognition and good will is superb. Consistently ranked among the best fast casual Mexican franchises in America, the 700 plus stores nationally are blessed to have the support and buying power of it's world renowned franchisor FOCUS BRANDS. The royalties are a low 5% and the national and local advertising fee are both 2%. There are many opportunities to grow the business such as catering. These two turnkey and strong cash flow locations simply await an energized new owner to take them to the next level.

About the Business

Year Established:
2003
Number of Employees:
18 FT & 36 PT
Real Estate:
Leased
Building Sq. Ft.:
6,198
Rent:
$9,318.00 Per Month
Facilities:
There are two prime shopping center locations. One in Virginia Beach is approx. 3000 sq. ft. renting for $4750/month. A second location in Chesapeake is approx. 2198 sq. ft. renting for $4568/month.
Growth & Expansion:
Catering and other things being tested and rolled out by the franchisor.
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About the Sale

Reason For Selling:
Retirement.
Training/Support:
Seller and Franchisor will provide.

Listing Info

ID:
1583701
Ad Detail Views:
0
Asking Price:
$1,075,000

Gross Revenue:
$1,818,952
Cash Flow:
$331,846
EBITDA:
$330,000
Inventory:
$20,000
not included in asking price

FF&E:
$200,000
included in asking price

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Business Listed by

Ross Weinstein

S. L. Nusbaum Realty Co., Business Brokerage Services

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