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New Fast Casual Franchise First Year Cash Flow $110,000
North CarolinaListing DetailsOffice ID: SALAD1
Status: Sold
Listing Broker: George Bradbury
Listing Price: $395,000
12 Month Forecast: $780,000
Forecasted Cash Flow: $137,112
Inventory: $10,000
Inventory Included: Yes
FF&E: $141,300
FF&E Included: Yes
Down Payment: $100,000
Sale Price: $300,000
Sales Structure: Asset Sale
Seller Financing: Yes
Reason for Sale:
The owners are husband and wife. The wife is the operating partner. They are relocating.
Buyer will have to be approved by the franchsor and attend all comany training programs.
OperationsYear Established: 2012
Last Acquired: 2016
Form of Ownership: S Corp
Employees (full-time): 6
Employees (part-time): 14
Managers: 2
Business Hours: Mon-Sat 7-9 Sun 8-7
Business Description:
One of the fastest growing Franchise Systems in the country .......... a fast food restaurant where great tasting, healthy food meet the speed and convenience of traditional fast food. This Healthy Food and Juice restaurant is located in one of Raleigh’s most affluent shopping centers. The location allows walkability, complimentary tenants and the perfect target demographic. New owner also has the opportunity to purchase more restaurants and be a multi-unit franchisee in the triangle and beyond. Name and location of the restaurant is confidential. Interested parties may complete a non-disclosure agreement to request more information.
Historical Summary:
This is a new category of restaurant in the fast casual space Healthy and fast! Franchisor has had good growth for a new system
Emerging healthy, fast-casual market with little competition in the area.
Potential Growth:
The opportunity to open additional restaurants in the Triangle exists.
LocationType of Location: Shopping Mall
Real Estate for Sale: Yes
Lease Expires: Aug 29, 2021
Option: 5 years
Monthly Rent: $4,178
Monthly Common Area Maintenance: $1,299
Square Footage: 1500
Royalty %: 6%
Avert Co-op %: 1%
Franchise Transfer Fee: $10,000
--Paid By: Buyer
Last Updated: Dec 29, 2017 / 5:08 PM
Financial Information Current As Of: Feb 8, 2017 / 10:30 AM