2 Moe's Southwest Grill Locations W/ Tremendous Cash Flow

Va Beach, VA (Virginia Beach City County)

2 Moe's Southwest Grill Locations W/ Tremendous Cash Flow
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Asking Price: $1,150,000

Cash Flow: $400,000

Gross Revenue: $1,834,764

EBITDA: $400,000

FF&E: $200,000

Inventory: $20,000*

Rent: $0.00

Established: 2003

*not included in asking price.

2 Moe's Southwest Grill Locations W/ Tremendous Cash Flow

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Business Description

These two well established Moe's Southwest Grill locations have had consistently upwardly trending revenue and very strong cash flow over the years. The locations are fantastic and the national brand name recognition and good will is superb. Consistently ranked among the best fast casual Mexican franchises in America, the 700 plus stores nationally are blessed to have the support and buying power of it's world renowned franchisor FOCUS BRANDS. The royalties are a low 5% and the national and local advertising fee are both 2%. There are many opportunities to grow the business such as catering. These two turnkey and strong cash flow locations simply await an energized new owner to take them to the next level.

Detailed Information

Not included in asking price
Real Estate:
Building SF:
Lease Expiration:
18 FT & 36 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
There are two prime shopping center locations. One in Virginia Beach is approx. 3000 sq. ft. renting for $4750/month. A second location in Chesapeake is approx. 2198 sq. ft. renting for $4568/month.
Growth & Expansion:
Catering and other things being tested and rolled out by the franchisor.
Support & Training:
Seller and Franchisor will provide.
Reason for Selling:
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(from currently available funds)
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Ross Weinstein

Business Listed By:
Ross Weinstein

S. L. Nusbaum Realty Co., Business Brokerage Services

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