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Cleveland, Ohio Moe's Franchise for Sale $300,000 Discretionary Earnings

Here’s a Moe's Franchise for Sale that is incredibly successful with 2022 sales of $1.3 Million.  An Owner/Operator of this location would see impressive Earnings of $300,000!  Restaurant is currently absentee owned with management in place generating an absentee owner $230,000.  SBA Lending for qualified candidates.  2022 Revenue is Plus-10% compared to 2021 and Plus-30% to 2020.
 
This Moe's Franchise for Sale could not be in a better area. This store is located in a popular shopping plaza in an area with high household earnings and tons of new development .  This great location has been in business since 2005 and has a very loyal customer base.  Due to these and other changes in the marketplace, current sales trend is up significantly from prior years. 
 
Why purchase this existing profitable Moe's Franchise for Sale? There is more than one answer to that question and We Sell Restaurants has them!! How about because someone else has already gone through the leg work of getting approved for permits and the expense of the build-out? What about that fact that the business has been open and operating meaning it has loyal customers who bring in a steady stream of income?  You can spend as much to open a new franchise with no guarantees.  Here, you know you are taking over an established and highly profitable store.
 
This 2400 square foot Moe's Franchise for Sale is in a prime location in the greater Cleveland area.  The monthly gross rent is only $6725 per month which includes CAMS. The lease is valid until 2030 including the 5-year option to renew in 2025... guaranteeing the next owner years of success.
Buyer would be responsible for any refresh or upgrades required by the brand at time of purchase, but at a price as compelling as this, that shouldn't be an issue.
 
Don’t worry about joining a brand that you aren’t experienced with! When you purchase this Moe's Franchise for Sale, you will be getting all the training and continued support that comes with this well-known brand! This includes 2 Weeks with General Manager training and support by their Franchise Business Consultants. The franchise transfer fee of $15,000.00 is charged by the brand to cover your training and the remaining term of the franchise agreement.

Royalties for this Moe's Franchise for Sale are a reasonable 5% percent of sales. The marketing fees are charged by the brand for countrywide promotional purposes and are just 2% percent of sales.   
 
Welcome to high sales, high earnings, and loyal customers.  Welcome to Moe's!  Are you ready to join this winning brand by purchasing this Moe's Franchise for Sale? Contact the restaurant brokers today!

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This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval. The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios. The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise. The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.

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Listing

  • Listing#: 9663
  • Price: $695000
  • Location: Cleveland

Lease Term: Remainder of current term + one 5-year option

Monthly Rent: $$6725

Indoor Seating: 78

Inside Sq. Ft: 2400

Hood System: Yes

Hours Open: Monday - Sunday 11 AM - 8 PM

# of Part-Time Employees: 20

# of Full-Time Employees: 5

Net Sales: $1285369.00

Owner Benefit: $301141

Features

  • Cleveland Ohio Moe's Southwest Grill
  • Annual 2022 Revenue of $1.3 Million
  • Annual 2022 SDE of $300,000
  • Absentee Owned and Operated or Earn more as a FT Owner-Operator
  • lease with options good thru 2030
  • Open and Operating 15+ years
  • Franchise For Sale
Cleveland, Ohio Moe's Franchise for Sale  $300,000 Discretionary Earnings

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