Dual Branded, Restaurant Franchise Resale

Location: United States -> Ohio -> Cleveland
Industry: Franchises > Food and Beverages

This seller has other interests and wants to sell quickly. Two businesses for the price of one! Take advantage of the dual-brand trend in the franchising world. This is a well known fast and casual fresh food concept along with a premium homemade ice cream, smoothie and frozen coffee concept.

This offers the new owner an outstanding opportunity to be their own boss yet benefit from the support of one of the best marketing and operations teams in franchising.

This location has been open since August 2006 and is like new with a trained staff of employees and established customer base. This business is looking for an energetic owner/operator to fully utilize the offering.

The current owners are four partners, three of which are out of town, and the fourth is a partner/operator. Unfortunately the food service lifestyle was new to him and not really a good fit with his past work history. This business is being offered at a deep discount from the start-up cost. Revenue in 2007 was $393,000 and should do 400,000 in 2008. Sale price $149,900.

Financials

Asking Price Range: < $250K
Gross Revenues: $393,064
Cash Flow: Seller Will Provide
Cash Flow Type: Sellers Discretionary Cash
Inventory: $256,544
Seller Financing: Yes

About The Business

Year Established: 2006
Number of Employees: 1 – 3
Relocatable: No
Franchise: Yes
Current Real Estate: Leased
Property: Property For Lease

About The Sale

Management Training and Support: Seller will provide training
Reason For Selling: Pursue Other Opportunities