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

San Clemente, CA (Orange County)

Popular Fast Casual Fish Franchise With Hi-Gross Sales!!!
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Asking Price: $560,000

Cash Flow: $155,000

Gross Revenue: $1,298,219

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $11,033 /Month

Established: N/A

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

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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!

DEMOGRAPHICS: Per City-Data website, this city has: Estimated median income of approximately $78k in 2016 Population of over 35k in 2016. Median price of a detached home: $869k with median rents at $1693 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: 1856 sf with beautiful build-out! Type-41 beer and wine license and seating capacity over 49 located in high foot traffic upscale outdoor mall. Long lease with over 7 years left on current lease with 2 more 5-year options. Located in a beautiful coastal city.

CURRENT MANAGEMENT & LABOR: Absentee ownership with BOH and FOH management. 25% payroll costs.

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: $1,298,219
Rent at: 10%($11,033, including CAM)
COG at: 35%
Payroll at: 25%
Misc at: 10%
Royalty at: 8%
Earnings at: 12% (over $155k cash flow, Full absentee ownership!!).

Listing #19033HP

Detailed Information

Location:
San Clemente, CA
Real Estate:
Leased
Building SF:
1,856
Lease Expiration:
N/A
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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