|Healthy Food & Juice, Fast Casual Franchise in Prime Shopping Center|
North CarolinaListing DetailsOffice ID: SALAD1
Listing Broker: George Bradbury
Listing Price: $450,000
Gross Revenue: $900,000
Cash Flow: $170,000
12 Month Forecast: $900,000
Inventory Included: Yes
FF&E Included: Yes
Real Estate Included: No
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.
Training: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
Business Hours: Mon-Sat 7-9 Sun 8-7
Business Description:Very profitable existing Food and Juice Restaurant in one of Raleigh’s most affluent shopping centers. The location allows walkability, complimentary tenants and the perfect target demographic. The restaurant is on target to do $900,000 in sales in 2017 with operating income $170k+. Included in the sale is the existing location (including all FF&E and Inventory) and the franchise license to build an additional restaurant in the Triangle Area (Franchise fee already paid). Potential 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
Competition:Emerging healthy, fast-casual market with little competition in the area.
Potential Growth:Included in purchase price is license for additional triangle location.
LocationType of Location: Shopping Mall
Lease Expires: Aug 29, 2021
Option: 5 years
Monthly Rent: $4,178
Monthly Common Area Maintenance: $1,299
Square Footage: 1509
Royalty %: 6%
Avert Co-op %: 1%
Franchise Transfer Fee: $10,000
--Paid By: Buyer
Last Updated: Apr 4, 2017 / 11:12 AM
Financial Information Current as of: Feb 8, 2017 / 10:30 AM