WaBa Grill - 4 Location Package – SBA - Absentee
Absentee Run Profit, SBA
(Seller's Discretionary Earnings)
included in asking price
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About Waba Grill:
In 2006, WaBa Grill was founded in sunny Southern California on the principle that healthy food made with quality fresh ingredients doesn't have to be expensive, and that making smart eating decisions doesn't come at a sacrifice for taste. We receive raw vegetables and proteins through our delivery doors and we serve you these same items on our plates and in our bowls as nature intended and that means cooking without the use of fryers or heat lamps - just a little bit of WaBa magic is all it takes!
About Franchisee/ Locations:
Current franchisee owns multiple locations across Southern California along with owning multiple other businesses besides Waba Grill. The 4 locations presented for sale is a strategic decision and these locations are located in the same general geographic area for effective management. Due to these locations being relatively further than sellers’ operations, seller has decided to sell these them as they have not been able to monitor it closely and believe it will be best fit for someone who can manage it more efficiently.
The Business is Absentee Run with instore manager. With a more involved owner, the business could do better in revenues and produce a higher bottom line by keeping a closer check on Payroll and Food related costs.
Revenue/ Net Income (Absentee Run Profit):
• Combined Revenues 2017: $2,355,798 | Combined SDE 2017: $379,319
• Combined Revenues 2018: $1,260,202 | Combined SDE 2018: $266,405 (Jan - June 2018)
• Projected Absentee Run Net Income 2018: Approx. $450k - $500k
Please keep in mind the busiest season has yet to come.
Note: The seller is responsible for proving the accuracy of any information provided to the buyer's satisfaction. Information contained in this document is provided solely by the seller. No representations or warranties are provided by the CABB Business Broker, its agents, representatives, or subsidiaries as to the accuracy, completeness or validity of such information. Interested parties are encouraged to seek the counsel of their accountant, attorney and/or other business advisors.
ASKING PRICE: $1,590,000
Contact: Raj Parikh | (909) 510-9102 | email@example.com
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