BurgerFi- 2 units FL

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Asking Price:
$795,000

Gross Revenue:
$2,442,407
Cash Flow:
$215,828
EBITDA:
$215,828
Inventory:
$21,000
not included in asking price

FF&E:
$400,000
included in asking price

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Business Description

Established in 2011 in North Palm Beach Florida, BurgerFi has grown to nearly 100 locations in the Eastern US and internationally. BurgerFi serves up all natural beef burgers, hot dogs, custard, fries, and onion rings. Each location also offers a selection of wine and craft beers. Franchisor requires a minimum of $1M net worth with at least $500K in liquid assets. Operator must be full-time, have equity in the company and have restaurant experience.

About the Business

Year Established:
2014
Number of Employees:
40
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
3,000
Lease Amount/Mo.:
$2.74
Lease Expiration:
8/1/2026
Facilities:
All FF&E in good and working condition.
Website:
www.franbiznetwork.com
Market Outlook/
Competition:
Unlike a lot of burger restaurants, they are original in the fact that they use all organic meat and even their chairs are made out of upcycled Coca Cola bottles.
Growth & Expansion:
BurgerFi is experiencing major growth. It will have 81 locations in the United States and two locations in Mexico by the end of the year. The chain plans to expand internationally in Panama and the United Kingdom. Room for growth exists in brand via new development as well as the acquisition of existing units
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About the Sale

Reason For Selling:
Other business interests.
Training/Support:
Franchisor provides 3 weeks of training.

Listing Info

ID:
1488082
Ad Detail Views:
1589

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Business Listed by

Carter Asefi

FranBizNetwork
License# 01962309

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Source: American Community Survey (2010-2014), United States Census Bureau.

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