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Multi-unit Franchise upscale casual suburban modern eatery.

Allegheny County, PA

Multi-unit Franchise upscale casual suburban modern  eatery.
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Asking Price: $4,700,000

Cash Flow: $837,448

Gross Revenue: $7,727,370

EBITDA: N/A

FF&E: $850,000

Inventory: N/A

Rent: $8,500 /Month

Established: 2010

Multi-unit Franchise upscale casual suburban modern eatery.

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Business Description

Established upscale casual restaurant franchise with rights to a development territory. Contemporary casual dining concept with expansion plans in place to develop a multitude of franchise markets. Franchisor owns company stores in the market and will provide training and support to new franchisee. Excellent sales history with superb margins.

Detailed Information

Location:
Allegheny County, PA
Real Estate:
Leased
Building SF:
3,700
Lease Expiration:
N/A
Employees:
45
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
This concept is similar yet different from its competitors i.e. Fireirds, Bandera, Brio, Houstons. It offers a more progressive beverage program, low overhead, reduced labor, and reduced number of employees with minimized restaurant size and business model.
Growth & Expansion:
Expansion is focused on adding new franchise operations within a designated territory. Utilizing the existing proven model of a small box restaurant with low overhead, reduced labor, built in efficiencies, menu engineering , and mass appeal. Paying attention to the dining trends, moving toward catering and staying ahead of an evolving market.
Support & Training:
Store management and personnel in place with Franchisor supervision and training programs to provide support to new owner.
Reason for Selling:
Franchisor wants to push this concept to a national audience.
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Dan Huckestein

Business Listed By:
Dan Huckestein

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Sponsoring Broker:
Elaine Nunn

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