Price recently reduced almost $400,000. Sellers very motivated!
Very unique opportunity to own the parent franchise, franchise rights and a large out-of-state franchisee. 9 locations in three States with total sales of over $5,713,000 on these Franchises for Sale! Cash flow of over $800,000! It's a proved concept recently recognized as "One of the top 100 mover's and shaker franchise concepts".
You would be purchasing 4 corporate locations and 5 franchise locations as well as the franchise rights and plenty of room to expand. The Sellers of these Franchises for Sale have indicated that they would sell just the corporate restaurants or just the franchise ones if the deal was right. The Sellers are motivated!
This fast casual deli concept is well thought out and ready to expand! It's a unique concept with good profitability. These Franchises for Sale all have good leases in place. This franchise deli serves a wide variety made from scratch, high quality breakfast items, burgers, hand crafted sandwiches, wraps, soups and salads for breakfast, lunch and early diner. New unit cost is from $310,000 - $550,000. Locations are between 1600 - 2200 square feet and the footprint can easily be adapted to a variety of spaces that allow profitable entry into both large and small markets.
Current locations are both in-line and free standing. Corporate has negotiated contract with vendor that help keep food cost around 29%. Average occupancy cost is 9.2%. Current restaurants average just over $690,000 in sales per year. with several doing almost or just over $1M. Current sales are up over 30% from 2020. Rolling 12 month EBITA $786,000. Because of the difficulty in 2020 with COVID this brand focused hard on pick up, catering and 3 party delivery with the likes on Uber Eats, Door Dash etc. As a result of those efforts that part of their business is up over 30%.
All soft assets are included in the deal including the Trade name, Trademark logos, recipe's, operating procedures, website and Facebook page. This deal will qualify for SBA and conventional financing.
Extensive training will be provided and some members of upper management could be contracted out for an agreed upon period of time. Extensive financials are available going back in excess of ten years in some cases! Contact We Sell Restaurants today to get more information! Please note the Seller has instructed to Broker to have all interested parties sign the Non Disclosure Document and provide proof of ability to purchase prior to releasing any information.
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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