Upscale Quick-Service Restaurant Franchise with Consistent Earnings

Petoskey, MI (Emmet County)

Seller Financing Available
Upscale Quick-Service Restaurant Franchise with Consistent Earnings
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Asking Price: Get Financing: $168,000

Cash Flow: $64,030

Gross Revenue: $515,000

EBITDA: N/A

FF&E: $222,143

Inventory: $10,000*

Lease Rate: $23 /SF/Year

Established: 2012

*not included in asking price.

Upscale Quick-Service Restaurant Franchise with Consistent Earnings

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Business Description

The quick-service restaurant industry continues to grow and is trending to offer affordable health conscious options. This newly listed Franchise is known for its high quality, individually prepared sandwiches, salads, bowls and lettuce wraps. The business is part of a fast growing national franchise recognized for its fun and vibrant environment, offering an extensive menu that provides many options for the health conscious and those with special dietary needs.

It is located in one of the most desirable locations in the area. This location is anchored by major retail and entertainment businesses that drive guests to this fast-casual restaurant.

Since opening in late 2012, the business has provided consistent sales and free cash flow from operations. The location is up to date and all the equipment was purchased new at the time of opening.

The owner has established this business well within the business and residential community has developed a strong loyalty of its clientele. There are many identified ways to allow a new owner to grow sales and profitability. Further, half of the franchise fee for a 2nd location will come with the purchase of this business, setting the stage for multi-unit ownership

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Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,875
Lease Expiration:
11/1/2017
Employees:
12 - 15 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Newer unit is 1,875 square feet that can accommodate 49 – 53 seated guests. The unit is located close to with a high number of other retailers and entertainment that draw thousands of visitors daily....making it an ideal location that draws customers. The location is in a very popular and desirable area, with easy access.
Competition:
Offers competitive advantages of: o Superior location - is in one of the most popular locations in the area. o Extensive menu of high quality products - are unique to the extensive menu with options abound for all dining guests. All items are prepared fresh and individually to-order, with the highest quality of products. o Health conscious and special dietary options - with an extensive menu. There is a plentiful number of items for those seeking healthy options and items available for those on special diets, including gluten-free and vegan. o Multiple avenues for growing the business - this location can accommodate in-restaurant service, to go, online ordering for Grab & Go, and catering.
Growth & Expansion:
Identified several items that will contribute to increased sales and profitability of this business.
Support & Training:
Training is available during transition period.
Reason for Selling:
Ready for a change. Children away at college, looking for a new challenge.
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(from currently available funds)
 
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Curtis D. Kuttnauer

Business Listed By:
Curtis D. Kuttnauer

Golden Circle Advisors

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