Fast Casual Passive Investment

Chicago, IL (Cook County)

Seller Financing Available
Fast Casual Passive Investment

Asking Price:$135,000

Cash Flow:$52,088

Gross Revenue:$400,327

EBITDA:N/A

FF&E:$31,000

Inventory:$5,000

Established:2013

Fast Casual Passive Investment

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Business Description

The business is an established location of a unique and fast growing national sandwich franchise. The business was established in 2013 and has grown each year to over $400,000 in revenues in 2015. This location is expected to continue its growth trajectory as the private equity backed franchise invests heavily in internet and TV advertising.

The restaurant caters to lunch and dinner customers in the near northwest suburbs of Chicago. The business generates revenue through food and drink sales at the location and through catering. Its products are differentiated from competitors by their preparation and quality.

The business is operated by the seller who manages financing, purchasing, and scheduling and managing nine (9) part time employees including an assistant manager who has been with the firm for over one year. After closing the seller will be allocating all his time and resources to another business venture with a partner.

The restaurant is located in a high traffic plaza that also houses a high volume national coffee chain, a national drop and ship business, and a hair salon. There are multiple shopping centers located nearby in addition to office buildings that ensure that the restaurant has a continuous stream of customers. On average over 40,000 vehicles pass by the restaurant each day.

Since its start in 2013, the restaurant has had consistently growing sales from year to year. The owners have executed an effective marketing effort that has established the restaurant in the community and generated a high percentage of recurring customers, both corporate and consumer.

The restaurant was constructed with newly purchased foodservice equipment that remains in excellent condition today.

The owners maintain a positive and collaborative relationship with the franchisor and their Area Representative (“AR”) and a new owner will have the full support of these valuable resources going forward.

Detailed Information

Inventory:
Included in asking price
Employees:
9 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
SBA Financing Available for Qualified Buyer
Reason for Selling:
Another Business Venture
Franchise:
This business is an established franchise

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Domenic A. Rinaldi

Business Listed By:
Domenic A. Rinaldi

Sun Acquisitions

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