This Californian Mediterranean Franchisor has two California S Corporations (one for the Franchisor and one for the franchise location going with the sale) and was started 10 years ago by the current owners and founder. Serving a wide variety of Mediterranean-based foods and a fast casual dining experience, this successful Franchisor has 20 franchise locations, including the one that is owned by the Franchisor. Systems, processes, procedures, workflows, supply chains…everything is set up and ready to go for further Franchise expansion in California and potentially outside of California as well. Fresh, flavorful, and made to satisfy, every bowl, wrap, and platter is stacked just how the customer wants it. Franchisees are located in high-traffic areas or at popular venues. Places like college campuses, stadiums, airports, or any event center that draws large crowds. As a franchisor, there are revenue streams of franchise fees, franchise renewal fees, franchise transfer fees, and royalty fees.

Financial Information
$1,490,000 Asking Price
$450,000 Cash Flow
$1,400,000 Gross Revenue
$1,490,000 Down Payment
$375,000 Adjusted EBITDA

Business Location
City: Californian
State: California

Reason for Sale
The reason the Seller is selling is due to health reasons.

Detailed information
Year Established: 2016
Home Based: No
Franchise: Yes
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 1
Part-Time Employees: 5
Contractors: N/A
Owner Worked Hours/w: 30
Inventory Included: Yes
Inventory Value: $25,000
Monthly Rent: $2,900
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 1200
FF&E Included?: Yes
FF&E Value: $100,000

Training/Support
The Seller is willing to provide training at 20 hours per week for 4 weeks for the new Owner. Additional training may be provided at mutually agreed-upon terms between the Buyer and the Seller.

Facilities
The franchise location coming with the business operates out of 1,200 square feet with a monthly rent of $2,900 and monthly CAM charges of $1,500. There is approximately 4 years left on the lease and it is assignable.

Market Outlook/Competition
The North American fast-casual Mediterranean restaurant market is experiencing high growth, driven by consumer demand for healthy, customizable, and fresh dining options. Valued as part of a growing $92.4 Billion healthy fast-casual sector, this market is rapidly expanding, with North America holding a 38.2% global market share, largely driven by millennials and busy professionals.

CA 02100708; NV 1003039