Retail - Restaurants

Asking Price	$750,000	Inventory	$5,000 Per Store*
Gross Income	$2,187,306	Real Estate
Cash Flow	$214,898	Year Established	2004
FF&E	$169,499 Two Stores*	Employees	30

* included in the asking price

** not included in the asking price

The franchisor of theese two restaurants has more than 900 territories in development worldwide. The company has experienced rapid growth since its founding in 1996. They have ranked the last four years in Entrepreneur Magazine top 500 franchises and in the top 15 of the 100 hottest fast casual concepts of 2005 by the Fast Casual Magazine. They are strategically poised to become a forerunner in operational excellence and franchising success.

Facilities: These are two franchised fast casual restaurants in central Ohio. Each is located in upscale lifestyle and retail centers with high traffic and prominent visibility. The restaurants' sizes are 2,503 sf and 3,723 sf respectively and have both indoor and patio seating of 104 and 158 dining seats. Long term leases are in place for the two stores with lease expirations in 2014 and 2016, plus options.

Competition: Theese two restaurants offer excellent food service and a bright attractive setting where diners can eat, relax, and enjoy a menu of breakfast lunch and dinner entrees, featuring sandwiches, wraps, fresh salads and soups with a wide variety of desserts and baked goods, plus a full line of beverages. Catering is also growing rapidily.

Growth/Expansion: The groundwork for a strong market presence and customer base have already been established by the current ownership through it's aggressive maketing since opening. Each store is capable of handling 3 or more times the in store customer volume and a virtually unlimited catering volume. Catering has proven to be a viable way to quickly increase sales. Door to door marketing to local busineses is the most effective way to developing catering customers who also become individual customers.

Support/Training: Seller will provide a buyer with an adequate turnover period to ensure a smooth transition. Buyer is required to visit franchisor's facilities for basic training. The owner's son, currently acting as GM, is prepared to leave the business or, should a a new owner wish him to remain , he is willing to do so , with a mutually satisfactory arrangement.

Reason Selling: The owners are both involved in another and unrelated field of endeavor.