This specialty franchise restaurant has been in business for approximately 20 years and was acquired by the current owner in late 2014. The restaurant offers fresh and healthy options as well as a variety of hot entrees. This franchise is a one-of-a-kind restaurant providing a progressive yet comfortable destination for customers who want more than assembly line products and services. The Company has two locations, one in west El Paso and one in central El Paso. The restaurant offers a healthy product in a clean and upscale environment. This is a tried and true brand with a 38 year history. This business would be a good fit for an entrepreneur, a husband and wife team, or a family wanting to buy a highly profitable restaurant chain with lots of significant growth potential.
The information contained in this marketing is subject to change, corrections, or withdrawal without notice. Information provided herein has been provided by the Seller and not by Broker.
The Seller has listed this business strictly as an asset transaction. This is not an offer to sell securities. This is not a solicitation to sell securities.
Listing Broker - Given Business Broker. For more information, please contact Tom Given
About the Business
El Paso, Texas
* Building rent two locations, $12,900. Both locations are in modern centers and the landlord would offer long-term leases to qualified buyers.
Although numerous restaurants exist in the areas served by these restaurants, this business offers a unique, healthy product. The restaurants have been very profitable for the current owner and the owner expects similar results for the buyers.
Growth & Expansion:
Additional advertising would likely increase sales growth and the new owners would have the option of opening a third location if desired. Because the restaurants have been open for many years, the Company has developed a loyal customer base.
Training to be provided by current owners. In addition, significant training will be provided by the franchisor.
Ad Detail Views:
Asking Price: $600,000 Gross Revenue: $1,700,000Cash Flow: $175,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $4,000 included in asking priceFF&E: $100,000 included in asking priceReal Estate: Not Disclosed Share 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.
Franchise Restaurant - Profitable Two Restaurants El Paso
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