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Franchise Fast Casual Restaurant for Sale in Coral Springs, Florida

The franchised fast casual Restaurant for Sale in Broward County is being sold for pennies on the dollar of build-out cost. Gross sales in 2022 were $836,958. An increase of more than 20% over 2021.
 
If you are looking to enter the restaurant industry and want a franchise that is easy to operate, has excellent corporate support, and is continuing to grow look no further. This franchised fast casual Restaurant for Sale is for you. Currently operating with more than 280 units in 19 different states the franchisor is  rated highly in the Franchise 500. The concept uses no fryers and does not require an exhaust fan. The philosophy of the franchisor is to offer quality food and hospitality while providing a great quality of life to the franchisee. The restaurants are only open six days per week, closed on Sundays. The menu features unique sandwiches, salads, soups, and sides. The atmosphere is warm and inviting with Southern charm. This restaurant cost more than $600,000 to build.
 
The restaurant is entering its third full year of operations. Sales at this Restaurant for Sale are continuing to grow. Gross sales in 2022 were $836,958. This is a sales increase of more than 20% from 2021. The restaurant has management in place and the owner oversees the operation. The manager is paid $50,000 per year and can be eliminated by an owner/operator. The restaurant turned a small profit in 2022. Much better if you added back the manager salary. If current trends continue, 2023 profitability will approach six figures with manager salary addbacks.. This is the normal progression for successful operations.  Call We Sell Restaurants today to find out more on this great opportunity!
 
Located in the heart of Coral Springs, this franchise Restaurant for Sale has a great location. More than a dozen restaurants, lots of retail shops, and office space are in the shopping center. You will never be in search of customers. The shopping center is fast becoming the most popular retail / dining destination in South Florida. This is the place where fashion, food, style and life come together in a lush, tropical setting like no other. Aside from the dozens of restaurants and shopping options, there are many other professional services available. The shopping center also offers groundbreaking entertainment. On any given night, visitors can enjoy the live sounds of some of the best local acts in the music industry. The restaurant occupies 2,406 square feet of space and seats 50 guests inside and another 30 guests outside. The monthly rent of $9,700 includes trash, CAM, and taxes. The lease expires in January 2031 and has two five year options attached.
 
The franchise agreement will transfer with a fee of $4,500. This fee will cover your corporate training. The royalties due the franchisor is 5% of gross sales and 2.5% of gross sales for marketing. The purchase of the Restaurant for Sale includes the developmental rights to Boca Raton. $20,000 of the $45,000 franchise fee for your second unit has already been paid.
 

Please click on the tab below to easily acknowledge confidentiality on this Restaurant for sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Ken Eisenband at (561) 350-3365

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Listing

  • Listing#: 9483
  • Price: $275000
  • Location: Coral Springs

Lease Term: Expires January 31, 2031

Monthly Rent: $9700,

Indoor Seating: 50

Inside Sq. Ft: 2406,

Hood System: No

Neighboring Businesses: Restaurants, Retail, Service Providers

Hours Open: Monday thru Saturday 10;30 - 8 pm, closed on Sunday

# of Part-Time Employees: 13

# of Full-Time Employees: 2

Net Sales: $836958.00

Owner Benefit: $13678

Features

  • Franchise for Sale in Coral Springs being sold for pennies on the dollar of Build Out Cost
  • Sales increase of 20% in 2022 compared to 2021
  • Purchase includes area develpmental rights to Boca Raton with $20,000 of the fee already paid
  • Six Day Work Week
  • Franchise has over 280 units with many more under development
  • Easy to operate, no exhaust hood, no fryers, no mess