Absentee, Highly Profitable Established Flame Broiler for Sale

Buena Park, CA (Orange County)

Delicious Food

Asking Price:$475,000

Cash Flow:$146,000

Gross Revenue:$585,166

EBITDA:$146,000

FF&E:N/A

Inventory:N/A

Established:2009

Absentee, Highly Profitable Established Flame Broiler for Sale

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Business Description

Professionaly run healthy franchise with delicious food

Flame Broiler's bread and butter is the educated working man or woman who wants to eat healthier. In fact our motto is "the healthy choice," which is one our store takes to heart. Our particular store is situated near many major employers and we do 95% of our business as takeout. The business has very clean records which can be provided upon signing of the NDA attached.

This restaurant has a great reputations for speed and taste as well as being part of a larger system specializing in the growing Asian healthy food space.

This is a great opportunity to buy a flame broiler that although is absentee run is managed very well with the view of long term profitability and ownership. This is an ideal business for someone looking to acquire a successful and established business with a proven track record (since 2009!) with an investment just in excess of the current max investment required to open a new flame broiler of just shy of $400,000. A new location has a lot of uncertainty and many of the best locations including this one have already been taken especially in southern California. Why not own this one instead and make back the difference in price in less than a year!

Current owner does not regularly work at the location.

Be a part of:
Bond's Top 100 Franchises:
http://www.worldfranchising.com/search/publications/top-100-franchises
with 181 locations and growing

Two coming up on three year EBITDA and Sales still growing:
* Absentee run business, owner just likes coming in once or twice a month for a free meal and to check up and talk with employees.

Profitability:

*Well-trained employees can operate with three people at lunch and two at dinner without loss of service.

*Small location leads to more and longer profitability, at 740 sq ft even a 100% raise in rents at current market rents is only $6,000 a month which will come very far down the road with this location.

*This location was carefully chosen to be a long term business with great profitability metrics. Rent is one of the things that can sink a restaurant fast, even restaurants within the same franchise system or other systems which show higher sales are much less profitable because their rents are so high, why work for your landlord?

*Unlike most stores for sale, this store has been increasing its’ sales YOY and MOM.

*Lease expires in 2019 with two five year options.

*New equipment includes rebuilt grill, new POS system and respective licenses, new tankless water heater, new binstat for ice machine, exhaust system, bathroom shelving, custom fan, store signage and pylon signage, menuboards, fire extinguisher, and new custom built drip trays for grill.

*Negotiated new rate with credit card processor leading to an almost 50% drop in processing rates.

Operations:
*You are buying a well-run location; we score in over 95% on corporate inspections.

*This location is luckily close to all major franchise suppliers, other locations being far away will inherently incur more costs in shipping and time to pick up supplies.

*Established customer base, 70-80% of customers are regulars and trained employees know their faces and orders.

*Ticket speed can at times be less than 10 seconds as the employees know the customers’ orders right when they walk in.

*All employees have been with this location for at least one year, with one new employee being trained almost every shift for a month.

Well-maintained

*We perform hood cleaning every 3 months as opposed to some franchisees doing up to a half year, this extends the life of the already newer exhaust system.

*We also regularly perform filter cleaning and changes, refrigerator cleanings, and ice machine cleanings.

Attached Documents


Detailed Information

Employees:
9
Competition:
Figures from the 2014-2015 City of Cypress financial report of Principal Employers show: 6,827 employees within 2 miles 5,313 employees within 1.5 miles A whopping 3,555 employees within .5 miles with the largest UnitedHealth Group being walking distance.
Growth & Expansion:
An owner who is active in marketing to nearby corporate HQ could take this to another level.
Financing:
SBA or convention loan available to right buyer
Support & Training:
Up to one week of optional training from me is negotiable and corporate will train you for up to four weeks
Reason for Selling:
I am selling because of a move and to focus on my consulting business.
Franchise:
This business is an established franchise
Business Website:
http://www.flamebroilerusa.com/#a-healthy-choice

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Business Listed By:
Sing Young

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