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Popular Fast Casual Fish Franchise With Hi-Gross Sales!!! 19032hp

Brea, CA (Orange County)

Popular Fast Casual Fish Franchise With Hi-Gross Sales!!! 19032hp
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Asking Price: $250,000

Cash Flow: N/A

Gross Revenue: $851,768

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $9,765 /Month

Established: N/A

Popular Fast Casual Fish Franchise With Hi-Gross Sales!!! 19032hp

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Business Description

DESCRIPTION: Hard to come by popular quick service fish franchise for sale! Absolutely beautiful, clean modern build-out, beer and wine license with high gross sales! Great online reviews, reaching close to 1000 reviews on Yelp.com!

DEMOGRAPHICS: Per City-Data website, this city has: Estimated median income of approximately $89k in 2016 Population of over 41k in 2016. Median price of a detached home: $839k with median rents at $1730 in 2016

EQUIPMENT: Back of house: Type-1 hood, grills, fryers, grease trap, walk-in, freezers. Front of house: POS system, chair and tables for 49+.

FACILITIES & OPERATIONS: 1693 sf with beautiful build-out! Type-41 beer and wine license and seating capacity over 49 with great patio space. Long lease with over 6 years left on current lease with 2 more 5-year options. Located in a newer mixed-use plaza which includes a high-end popular market, store fronts, and residences.

CURRENT MANAGEMENT & LABOR: Absentee ownership with BOH and FOH management. 17 part time employees.

MARKETING OPPORTUNITIES: Popular franchise in need of more social media presence. Need to offer 3rd party delivery to capture more top line sales and online presence.

FINANCIAL SUMMARY:
2018 Sales: $851,768
Rent at: 13%(9,765, including CAM)
COG at: 33%
Payroll at: 30%
Misc at: 10%
Royalty at: 8%
Earnings at: 6% (Full absentee ownership).

Detailed Information

Location:
Brea, CA
Real Estate:
Leased
Building SF:
1,693
Lease Expiration:
N/A
Franchise:
This business is an established franchise
Business Website:
http://www.pacificrestaurantbrokers.com/
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Pacific Restaurant Brokers

Business Listed By:
Jerry Diza

Pacific Restaurant Brokers

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