11 Unit Franchisee of Fast Casual Restaurant

Mid South

11 Unit Franchisee of Fast Casual Restaurant
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Asking Price: $9,000,000

Cash Flow: $1,000,000

Gross Revenue: $16,000,000

EBITDA: $1,000,000

FF&E: N/A

Inventory: N/A

Rent: $0.00

Established: 2014

11 Unit Franchisee of Fast Casual Restaurant

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Business Description

Business Highlights:
AUV $1.3 million*
31 Unit Development Agreement
11 Restaurants Open with 20 Units left in Development Agreement
Unit #12 Lease Executed and Construction starts July, 2018
Protected Geography can support over 60 units
Located in five Gulf Coast States
Best in class concept for category
All USA Territories Sold Out
Operations Partner available to remain with business

Description:
Franchisee is very successful in a well-known, emerging pizza brand that is on target for revenues of over $16 million in 2018 and a Projected EBITDA over $1 million ($2 million on mature sales). A strong franchisee that is outperforming brand same-store sales comps. This emerging brand is the category leader and has sold out all territories in the USA with strong marketing and brand awareness. Check average approximately $14.00

Real Estate & Facilities:
Each inline and endcap restaurant is located in highly visible areas with strong traffic generators with easy access from major roads and highways.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
400
Facilities:
2000 to 3000 SF spaces in high visibility, high traffic areas with strong anchor tenants
Competition:
Market Leader, Emerging Concept, Strong Brand Equity, Celebrity Status
Growth & Expansion:
Large Geographic Market Area over 5 states
Support & Training:
Full training available. Managing Partner can stay on with the business if needed.
Reason for Selling:
Other business interests
Franchise:
This business is an established franchise
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Michael Carro

Business Listed By:
Michael Carro

Sperry Van Ness SouthLand Commercial Real Estatwe

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