Five Guys- 2 units FL

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Projected cash flow for 2018 365K due to higher 2018 sales!
Asking Price:
$1,295,000

Gross Revenue:
$1,683,605
Cash Flow:
$303,046
EBITDA:
$303,046
Inventory:
$19,000
included in asking price

FF&E:
$500,000
included in asking price

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Business Description

Projected cash flow for 2018 365K due to higher 2018 sales!
Five Guys was founded in Washington DC in 1983 and began franchising in 2003. Currently there are over 1,000 locations nationwide, and the brand is sold out of new development agreements in the US. Franchisor requires minimum of $1.3M net worth with $500k in liquid assets.

Given 2018 profit margins and upward sales trend with the recent remodel, these units are projected to make $340K+ in net profit by the end of 2018.

About the Business

Year Established:
2006
Number of Employees:
34
Franchise:
Yes
Real Estate:
Leased
Facilities:
All FF&E in good and working condition.
Market Outlook/
Competition:
Nearby competition includes Number 1 Wok, Papa John's Pizza, Checkers
and Arby's. Less than 3 miles from the beach!

Nearby competition includes Sonic Drive-In and Caddyshack Bar and Grill.
Growth & Expansion:
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 1 week of training.

Listing Info

ID:
1524645
Ad Detail Views:
1587

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Business Listed by

Carter Asefi

FranBizNetwork
License# 01962309

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Source: Decennial Census (2010), United States Census Bureau.

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