Established 5 Unit Chain Doing $9.2 Million Sales With $1.2 Million Profit
Asking Price: $5,000,000
Location: 5 Location Chain, Los Angeles, California
Yearly Revenue: $9,200,040
Yearly Cash Flow: $1,200,000
Monthly Rent: Contact For Info
This restaurant company is a widely-recognized neighborhood caff with locations throughout Los Angeles County. The company has experienced an impressive growth trajectory over the past few years, with sales increasing from just over $4 million in fiscal 2010 to a budgeted $9.2 million in fiscal 2013. The stores sales volumes vary from $1.3 million to $2.3 million yearly.
The five locations vary in size between 2,500 square feet and 3,696 square feet and all the leases are below market or at market rents. There are lenders that will finance 75% of the sales price. The store Management is confident that the well-established brand within the Southern California area is indicative of a viable growth strategy to expand the brand through the establishment of new locations.
Growth opportunities include: expansion of restaurant locations in contiguous, attractive geographies initiation of delivery services in order to create channel diversification and expand customers increase presence in healthy eating with new product initiative opportunity to develop retail product lines secure full liquor license in all current and future locations. NO BROKER COOP.
Yearly Revenues: $9,200,040 | Yearly Cash Flow: $1,200,000