Newly Remodeled Franchise Sandwich Shop For Sale - Seller Motivated!
Newly remodeled sandwich shop for sale, great location!
Bring all offers on this franchise sandwich shop for sale! The price is reduced and this seller is motivated!!! Newly remodeled sandwich shop for sale! A completely turn-key operation with fully equipped commercial kitchen and strong catering sales in a very attractive location!
Sales at this Franchise Sandwich Shop for Sale was just short of $800K for 2015 despite the major road and light-rail constructions projects which significantly deterred vehicle and foot traffic from the anchor location. This well-run Franchise Sandwich Shop for Sale is a quick casual concept delivering fresh quality food in a quick casual environment. This concept serves breakfast, lunch and dinner perfect for today’s consumers who demand fresh, healthy food in less time due to their busy schedules.
This Franchise Sandwich Shop for Sale by the Restaurant Brokers has a highly desirable location with good rental rates led by a team of entrepreneurs that are ready to retire after many successful years. The store is approximately 4814 square feet with monthly rent of $12,841. This well established store has been in operation for many years and the location has recently been through a complete remodel. The commercial kitchen is fully equipped to include an 8’x20’ Kysor walk-in refrigerator, a 300 sq. ft. “L” shape walk-in freezer, double-stack pizza oven, Revent 624 gas oven, Baxter proofer, Pitco frialator, 2 ice machines, 4 stainless steel refrigerator sandwich boards, 8 well hot food table, La Vazza cappuccino/espresso machine, 2 Amana convection ovens, hood system, complete 4 workstation POS with video assemblies, 2 induction cook-tops, pizza/Panini stainless steel refrigerator and much, much more!
Although this establishment is currently a major franchise sandwich shop the owner, due to health reasons, has been released from his contractual obligations and this space can now be converted to any concept. This is a once-in-a-lifetime opportunity to take over a space which has been held to high franchise standards since opening. Contact your Certified Restaurant Broker, John Kesterson at (720) 473-3726 to learn the full details on this Franchise Sandwich Shop for Sale today!
BBQ Restaurant w Proprietary Sauce, North Denver, 1.1M Rev, 211K earn
BBQ Restaurant w Proprietary Sauce in Grocery Stores Recently, North Denver, 1.1
BBQ Restaurant and BBQ Sauce Company. 2015’s revenues were 1.14K with normally adjusted earnings of 211K.
You also get 280K in Assets Debt Free! This is mostly large pieces of equipment at its current value. The total assets also include fixtures and inventory.
This is a turnkey operation now that the owners have figured out what works and what doesn’t. The next phase is to open another restaurant, find greater distribution of their proprietary sauce, and advertise more for the one they have. They got into the business because of their love for BBQ and music. It was never about the money but they are getting older and are ready to let the new owner focus on profits and growth. Neither sounds fun to them but they know that is what the next phase is.
Many long-standing loyal customers which has resulted in a high percentage of recurring business, plus they add hundreds of new customers every year!
This is a “Fun” business to own and has loyal and long term employees whom will all stay post-closing.
Location: North of Denver, CO
Seller’s Quote: “I am confident that a new owner can grow this because of the anticipated growth in the area, greater sauce distribution, and trying some of our ideas that we just never got around to. The hard work is done "
Here is the link for the Non-Disclosure Agreement, “NDA”: http://companybroker.com/buyer-profile-jeff.htm If it is blue you should be able to click on it, if not please cut and paste that to a URL line and it will give you the NDA which will allow me to automatically send you the Full Sales Package containing a detailed data room with financials and a Comprehensive Video on the entire operation and a full interview with the owner by clicking on the secure web link to the NDA. If you have any questions or comments on the NDA please email me at email@example.com or call me at 303-382-1926. Thank you.
The seller seeks 1.3MM in total sales price. Recurring revenue always deserves a premium and this company has a lot of recurring business. This is an asset sale with a net zero debt transfer transaction for the buyer.
Brief Overview and Deal Points:
The company is known nationally for their version of authentic BBQ, Great Ribs, and their proprietary Sauce. Their food and restaurant have won many awards. The food is all dry rub seasoned, fire seared, and hickory smoked during a slow cooking process. The restaurant has a family style sit down atmosphere in the front and a full bar with a separate patio in the back all serving wine, liquor, and beer. The restaurant carries a full liquor license. They also have a very good catering business which could be much larger.
The company has created a custom all natural gluten and celiac free BBQ sauce that is in several grocery stores and distribution is still growing. They have recently met with a couple of food brokers who are trying to get them greater exposure and distribution. The new owner should continue this fairly new direction and a great source of a 2nd stream of revenues and profits. There are other opportunities to improve and expand. The owner believes a 2nd location in Denver would do very well because of the larger population. They started this restaurant because they missed their home states BBQ. A new owner could also have a more focused sales effort by hiring an outside sales person to promote catering, business lunch delivery, and banquets. They have a full liquor license which is underutilized with alcohol being only 20% of sales and having the highest profit margin of all sales.
They have 280K in current value equipment which includes two delivery vans with their restaurant information on them plus an additional 8K in food inventory and 8.5K in alcohol inventory. The restaurant is kept very clean and the equipment is in great shape and has regular maintenance.
Their current location is in a beautiful well established and growing city. The lease is 8,700 per month plus electricity, water, etc. for 5,000 square feet. You must see the video walk through in the link in the 2nd paragraph above. Their town is a great place to live and raise a family. The weather is fantastic with 300 days of sun and it is inexpensive to live compared to Denver. It is a very well kept community set in a beautiful location less than 30 miles from Rocky Mountain National Park, Boulder, Denver, Ft Collins, and Denver International Airport. It is a fun place to live with a strong sense of community and pride and an endless amount of activities for the whole family. Plus, Colorado is the best State in the country to own a business. Please see the web link below. Colorado is THE "#1" fastest growing and strongest economies in the United States, per Money.MSN.com and Business Insider. This article ranks all 50 states by eight economic measures including GDP growth, housing prices, job creation and exports. http://money.msn.com/investing/the-50-state-economies-from-worst-to-first
The owners are a couple that have been together for a long time and are willing to help transition for a reasonable salary for up to a year. They feel that the strength of their staff and manager will make this an easy transition for the new buyer.
The restaurant has many loyal repeat customers. They are well positioned compared to its competitors because of how long they have been in their market and have the best BBQ with the most awards/positive articles, a strong balance sheet, clean and modern location, long term management, and friendly and fun employees. In short, their reputation and food is why they are the premier BBQ restaurant in a strong and growing BBQ market. ____________________________________________________________
If you are NOT interested in this business for sale, but you refer someone to us who buys it and we collect the full commission, we will immediately pay you a referral fee of $3,000. Please send us anyone (or email this to anyone) who you think would be interested in this offering. Thank you.
Please Call or Email for Information: The broker is available at any time to discuss your interest in this offering.
Jeff Chapman Eisnaugle
Company Broker Group, LLC
1240 S Emerson St
Denver, CO 80210
This is prepared by Company Broker Group with information provided by the Seller. It was not created by the seller and neither the Broker or the Seller are responsible for its accuracy. Buyers are responsible for their own due diligence. Neither the Broker or the Seller will indemnify or guarantee any forward looking statements or projections. The information contained in this e-mail message is confidential and may be protected from disclosure. Please be aware that any other use, printing, copying, disclosure or dissemination of this communication may be subject to legal restriction or sanction. If you have received this e-mail message in error, please reply to the sender and delete it from your computer.
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