Popular Fast Casual Restaurant in Great Location
Asking Price: | $149,000 |
Gross Revenue: | $503,848 |
Rent: | $5,650/Month |
Established Year: | 2020 |
Cash Flow: | $93,336 |
Inventory: | $2,500 |
FF&E: | $10,000 |
Owner Works About 25 Hours a Week
This well-established fast casual restaurant offers the perfect opportunity for a buyer to acquire a business that is currently part of a franchise but has permission to be sold as an independent location, meaning no royalty fees!
The business has been in operation for over 4 years and provides a menu developed with healthy eating in mind. They offer a unique variety of sandwiches, wraps, salads, and rice bowls, with plenty of choice for vegetarian and gluten-free customers, as well as options for those who want a meal packed with protein.
The restaurant is located at an outdoor shopping center that generates a high volume of foot traffic, with monthly events that bring over 1,000 people at a time to the center. There is both indoor and outdoor seating available. The restaurant is open 7 days a week and there are 6 staff in place, including 2 managers. The owner works around 25 hours per week.
The business produces consistent revenues of over $450k per year, all of which has been created via organic growth, with no spend on marketing. This is a great chance to build on the work that the current owner has already done and take the business to the next level of growth.
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