Well-Known Fast Casual Chain for Sale in New York

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AAA Landmark Locations, Beautiful Decors, Accommodate 150 to 250 Guests
Asking Price:
$10,000,000

Gross Revenue:
$24,700,000
Cash Flow:
$3,310,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$12,000,000
included in asking price

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Business Description

This is a rare opportunity to purchase a famous marque network of six Fast Casual Restaurants. This Independent chain is well operated with a very experienced qualified staff and extensive management team. This chain has all the makings to be converted into a franchise brand. They have AAA Landmark locations with beautiful decors which accommodates guests from 150 to 250. All the locations have private party rooms with a strong profitable catering component including off site delivery. All the restaurants are winners with sales of the chain close to $25 Million Dollars.

The current owner is looking to retire and has built a very strong profitable foundation that a new more involved owner will be able to propel and leverage this company into a much larger network. They have been servicing their customers for years and no expense has been spared in building the restaurants. If you have been looking for a well-established independent chain with strong management team in place, iconic brand, beautiful build-outs, this may be the opportunity you have been looking for. Please refer to listing number 13805 when inquiring about this opportunity.

About the Business

Number of Employees:
330
Real Estate:
Leased
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About the Sale

Training/Support:
Yes

Listing Info

ID:
1526157
Ad Detail Views:
299

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Business Listed by

Ken Stein

The Kensington Company

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