Location
Contact Person
John Irvine
Phone
925-945-8175
Annual Revenue
$ 500,000
Price
$ 299,000
Cashflow
N/A
Category
Restaurant/Food Service
Year Established
2011
Employees
8
Business Description
For sale is a turnkey fully operational fast food franchise that allows one to benefit from proven receipts and a popular menu. The restaurant will attract an audience of health conscious consumers. The sales have been increasing monthly since it first opened –for the year 2012 the reported total gross sales were $31,000. monthly. For 2013 thru September the sales have been over $44,000. monthly. Monthly rent $3750. including NNN. 1632 sq. ft .+/-. Present term expires 2/1/2015 with 2 five year options. Royalties at 5% and advertising at 3%. The owner has 3 full time employees and 5 part time. The seller has plans to open additional units throughout Northern California which is the reason for the sale. Asking $299,000. For further information on this Franchise opportunity completed non disclosure agreements will need to be executed – available from this web site or by contacting the listing agent at JohnLIrvine@cs.com (before calling please.)
DISCLAIMER: This information has been supplied to Broker by Seller. Broker expressly disclaims any and all liability from representations of warranties, expressed or implied, contained in such information. Broker believes such information to be correct, but has not verified or checked it. Any agreement or decision by Buyer to pursue a transaction regarding this Business should be based on further investigation by the Buyer.
Market Conditions & Competition
N/A
Financial Summary
N/A
Training & Support
N/A
Reason for Selling
Relocating to open another unit.