Established Franchised Poki Asian Fusion Restaurant

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Asking Price:
$549,000

Gross Revenue:
$1,100,000
Cash Flow:
$160,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Absentee Run! Profitable established Poki Franchised a healthy fast-casual restaurant concept. Today, it has grown into one of the largest and fastest growing poke brands in the nation. Easy to execute an Asian fusion menu as well as the simplicity of the kitchens with no hood, no deep frying, and no in-ground grease trap requirement. This is Company operated fast food Restaurant and there are lots of add backs to the current financials.
Franchise Transfer Fee: $5,000
Royalties: 5.5%
Marketing Funds Fee: 1%
Employees: 14
Payroll: $285,175
Rent: $7564

The financial information was supplied by the seller and has not been verified by the broker. The broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

About the Business

Location:
San Jose, California
Number of Employees:
14
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1
Rent:
$7,564.00 Per Month
Growth & Expansion:
Although this is a franchise company Restaurant and it supports and produces a solid national marketing presence, more local marketing is needed via print advertising, community involvement, and more direct promotional work. This will add more profit to an already successful business.
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About the Sale

Training/Support:
The Franchise will provide you with all of the training and ongoing support that you will need to operate your own successful Poki Bowl franchise.

Listing Info

ID:
1615241
Ad Detail Views:
0

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$
months
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Business Listed by

AJ Rana, MBA

Lemara Commercial
License# 01724170

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Report an Issue 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. See our full Terms & Conditions.