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
Number of Employees:
18 FT & 36 PT
Building Sq. Ft.:
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.
Asking Price: $1,150,000 Gross Revenue: $1,834,764Cash Flow: $400,000EBITDA: $400,000Inventory: $20,000 not included in asking priceFF&E: $200,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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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
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