Fast-casual franchise Restaurant For Sale

Brooklyn Park, MN (Hennepin County)

Seller Financing Available
Pita Pit Franchise

Asking Price:$105,000

Cash Flow:$55,000

Gross Revenue:$392,426

EBITDA:$55,000

FF&E:$100,000

Inventory:$20,000*

Rate/Sq. Ft.:$18.00

Established:2013

*not included in asking price.

Fast-casual franchise Restaurant For Sale

Get Financing Save Print Share Valuation Report

Business Description

This is an up and coming fast-casual franchise restaurant that offers a healthy alternative to fast food. The business is based off of an assembly line food production method that the staff engages directly with customers. Plenty of retail traffic surrounding the location along with a seasonal push in business once Spring starts. The business model is simplistic to run along with good track records across the Midwest.

Plenty of growth opportunities in the surrounding areas for catering business to increase. The business is slowing gaining market share as the brand becomes better known

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
1,900
Lease Expiration:
N/A
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Leased space in Northern suburb of Minneapolis of 1,419 SF and an end-cap unit. Owners have over $100,000 worth of leasehold improvements and a great location for catering business to increase.
Competition:
This is an up and coming fast-casual restaurant that offers a healthy alternative to fast food. The business is based off of an assembly line food production method that the staff engages directly with customers. Plenty of retail traffic surrounding the location along with a seasonal push in business once Spring starts. The business model is simplistic to run along with good track records across the Midwest.
Growth & Expansion:
Plenty of growth opportunities in the surrounding areas for catering business to increase. The business is slowing gaining market share as the brand becomes better known.
Financing:
50,000
Support & Training:
Owner will stay on for 45 days to help transition.
Reason for Selling:
Divesting
Franchise:
This business is an established franchise
Business Website:
http://LundellBrokerage.com

Listing Statistics for Premium Members

Ad#:1248256 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Brent Lundell

Business Listed By:
Brent Lundell

LBB Group

Show Phone Number

View My Listings

Find out more...

Get more details about this business.


Similar Listings


Extreme Pizza

Franchise Opportunity
Capital Required: $214,200