Fast Casual Franchise For Sale
Location Texas,United States
Asking Price Range < $250K
Gross Revenues $203000
Net Profit / Cash Flow $51000
Cash Flow Type EBITDA
Seller Finance No
Year Established 2006
Number of Employees 1 - 3
Inventory 57000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Training to be provided by current owners for 2 weeks. In addition, continuing support and training will be provided by franchisor.
Reason for Sale Owner of the business is now a full-time area manager for the franchisor.
Description PURCHASE PRICE REDUCED TO $135,000 FOR QUICK SALE. This high end fast casual franchise was opened in late 2006 and has shown sales growth each year. The company s products include fresh baked cookies, ice cream and non alcoholic beverages. The caf consistently delivers high-quality products with a well known, international, powerful brand. Franchisor believes that additional opportunities exist in the El Paso market with this franchise and would be happy to give potential buyer opportunity to grow the business by adding other locations in other areas of the city. This business would be a good fit for an entrepreneur wanting to get into a well known franchise with a powerful brand, great reputation, an established customer base and with lots of upside potential. Owner financing possible with significant downpayment. Open 10a-9p Mon-Sat, 10a-6p Sun.(Gross Sales and EBITDA based on 2007 actuals). Email or call Tom Given at 915-585-1900 for more information on this Fast Casual franchise for sale.
Facilities: The company is located in a high traffic, high end Shopping Center in West El Paso. 500 sq. ft. at $3,900/mo. Lease expires 2016.
Competition: This type of business is competitive, but is somewhat isolated from other competition due to its location in a high traffic shopping mall.
Growth and Expansion: As the franchise has been open less than 2 years it is still experiencing growth. Current owner is absentee and he believes that significant additional growth in sales and profits would be likely with an owner more involved in day to day operations. In addition, this franchise offers catering opportunities which the current owner has not aggressively pursued.
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