South Bay Better For You Food Service Chain
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This Los Angeles Area food service chain boasts some of the most prime, high traffic real estate in some of the area’s most famed beach cities in between Santa Monica and Redondo Beach. The feel good “better for you” concept was created with the intention of becoming a national franchise, so its founders diligently crafted its menu, marketing materials, branding, and more to ensure that these original flagship locations operate as examples for future owners to replicate. Though in the food category, the concept does not require facilities with hoods, so replicating it and each type of location’s best practices is very straightforward, making the overall concept highly scalable.
Note that the financial performance may initially appear less attractive than it actually is, due to the ramp up of a new flagship location that’s recently come online.
Note that the financial performance may initially appear less attractive than it actually is, due to the ramp up of a new flagship location that’s recently come online.
About the Business
- Facilities & Assets
- The chain is comprised of three distinct beach area locations that range in size from 700 to 1,168 square foot, with rents that range from $3.7k to $21k per month. Each of the locations, as well as the concept’s, furniture, fixtures, equipment, and goodwill will be included in the sale. An estimated $3k in inventory per location will be sold at cost at close. Locations may be sold individually, however, they may be subject to a non-compete agreement and/or name licensing agreement with the remaining venues.
- Market Outlook / Competition
- Each location is situated in a health conscience beach communities where food service concepts strive to provide high discretionary income residents health-focused breakfast and nutritious snack options. As a result, strong differentiation through quality ingredients, convenience, and customer experience are key to maintaining a competitive advantage. The concept, which is at the intersection of wellness, nutrition, and healthy snacks, faces indirect competition from health oriented fast-casual dining venues, yogurt shops, juice and smoothie bars, and grab-and-go food options, making visibility, product consistency, and convenience important factors for attracting and retaining patrons.
- Opportunities for Growth
- Strong demand from health-conscious residents, fitness-focused consumers, and tourists and beachgoers looking for nutrition and refreshment provide a steady client base of loyal customers that contribute to the brand’s customer retention, that is accentuated during the warner months with additional seasonable traffic. New management may choose to grow the brand’s geographic footprint by opening new locations, expand into the food truck or catering segment, promote digital ordering with mobile delivery, or they may pursue a licensing or franchising model. Strategic partnerships with high-end fitness chains (e.g. Life Fitness or Equinox), food or retail outlets, or other complementary service providers may also be evaluated.
Real Estate
- Owned or Leased
- Leased
- Rent
- $3,660.83 per month
About the Sale
- Seller Motivation
- Personal
- Transition Support
- Seller will train for 2 weeks at 20hrs per week or as negotiated
Listing Info
- ID
- 2523887
- Listing Views
Listing ID: 2523887 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 of Use. Learn how to avoid scams.
Businesses for SaleCalifornia Businesses for SaleCalifornia Food & Beverage Businesses for SaleCalifornia Restaurants Businesses for Sale
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