Well-Established Fast Casual Franchise Restaurant

Altamonte Springs, FL
Well-Established Fast Casual Franchise Restaurant
Asking Price:$199,000
Gross Revenue:$607,395
Rent:$7,000/Month
Established Year:2018
Cash Flow:$97,174
Inventory:$2,000
FF&E:$50,000
BUSINESS DESCRIPTION

Turn-Key Greek Favorite in Altamonte Springs

This well-established, popular Greek fast casual restaurant represents a great opportunity to take over from the current owner who is relocating and build on the opportunities offered within the $1 trillion dollar restaurant and food service market.

Located just off a busy main road with daily passing traffic of over 60,000 vehicles, the business is part of a well-known franchise, and this location was established in 2018. There are reliable staff in place who know the business well and the restaurant has a loyal customer base.

The current owner only works 10 hours per week and has 3 shift managers in place to deal with the day-to-day operations. The financials have been adjusted to reflect a full-time working owner. There is plenty of scope for growth for an owner-operator who can commit to the role full time, and with the business already generating revenue in excess of $600k in 2023 there is a solid base to build from.

The restaurant is over 1,850 sq ft in size and offers a turnkey ready business opportunity for a buyer. There is a lease in place until July 2025 with a first right of renewal.


ATTACHED DOCUMENTS
BP-4110-00424.pdf Download

DETAILED INFORMATION
Location
Altamonte Springs, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,850
Employees
12
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Turnkey ready restaurant.
Support & Training
Two weeks at no cost to buyer.
Reason for Selling
Relocation
Franchise
This business is an established franchise
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Julia
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Julia Harrison