Established Box Lunch and Catering Company Franchise

Atlanta, GA (Cobb County)

Established Box Lunch and Catering Company Franchise
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Asking Price: $450,000

Cash Flow: N/A

Gross Revenue: $810,000

EBITDA: N/A

FF&E: $80,000

Inventory: $5,000

Rent: $13.50 /Month

Established: 2018

Established Box Lunch and Catering Company Franchise

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Business Description

Own the rights to ALL the premium territory in Atlanta

This franchise is of a new company to Atlanta, and this particular location owns the territory rights to over 22 zip codes in Atlanta from downtown to Alpharetta, Smyrna/Vinings to Peachtree Corners. The business is built around box lunch delivery and corporate catering. This location opened in May of 2018 and has a consistent, steady stream of customers from business in the territory.

The franchisor added 19 new stores around the country in 2018, and they are on pace to add another 15-20 in 2019. The franchisor is experiencing high growth right now.

Because the customer base is made up of businesses and organizations, the business offers a great food industry lifestyle allowing owners to work M-F, normal business hours with no nights, weekends, or holidays.

The runway for growth of this concept is very long. This business is fully functional and ready to immediate success.

Detailed Information

Location:
Atlanta, GA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,465
Lease Expiration:
4/30/2023
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Doyon proofer/oven, steam kettle, mixer, two compartment sink, three compartment sink, two butcher block tables, single door reach in refrigerator, three door reach in refrigerator, two sandwich station refrigerators, 10x12 built up walk in refrigerator, 6x8 built up walk in freezer, 3 speed racks, 3 rolling racks, shelving in the walk ins, 4 desks, office chairs, computers, POS system, all branded items. Lease: 5 years with 5 year renewal, 4 years left on the original term.
Competition:
This concept is the only franchised dedicated box lunch delivery service in Atlanta, and our customer retention shows it. Other stores that provide box lunches or catering do so out of the "back of house", but this business is built around delivering to businesses. The kitchen is large and built for scale. The business is perfectly located to deliver anywhere in Atlanta by being on an interstate in less than 5 minutes.
Growth & Expansion:
The growth potential of this concept is very high. The territory has around 25,000 businesses with 5 or more people, and currently there are about 300-500 customers. As the brand has continued to be introduced to the Atlanta area, business has continually increased. Potential added services: full service catering
Support & Training:
All training necessary to run the operation and sales of the business as outlined by corporate. Corporate trainers are available as well and delightful to work with.
Reason for Selling:
Owner's other professional responsibilities now require exiting from the venture
Franchise:
This business is an established franchise
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Business Listed By:
Ryan Duncan

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