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Westminster, Orange County, California
Asking Price
$9,790,000
Revenue
Call/Email
Down
Call/Email
Cash Flow
Call/Email
Name: Bashir Tariq
Phone: Show phone number
Name
Bashir Tariq
Phone
Show phone number
Posting ID:
292625
Attributes:
Broker Cooperation
Real Estate Included
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Looking For A Fun, Casual Restaurant Located In A Popular Downtown Walking District Of A Southern California Beach City? This Established Franchise Serves Healthy And Delicious Gourmet Pizza, Calzones, Sandwiches, And Salads Made With The Freshest Ingredients. Its Award-Winning And Innovative Recipes Include A Proprietary Dough Recipe, And Unique Pizza Topping Combination. This Restaurant Opportunity Has Plenty Of Foot Traffic From Nearby Businesses, And Convention Center Attendees, As Well As Tourists, And Families Visiting The Local Entertainment Scene. In Addition, A Substantial Amount Of The Restaurant's Income Is A Result Of Repeat Delivery Business To Offices, Local Industry And The Local Beach Community. Approximately 60 Percent Of The Sales Are From Eat-In Meals, And 40 Percent From Delivery. The Restaurant Also Has A Type 41 Beer And Wine License . The Sports-Oriented Environment Of This Restaurant Attracts A Large Clientele. It Can Seat Approximately 32 At The Low-, And High-Top Tables, And Two Bars, With Some Additional Seating Outside In Front. The Restaurant Has Top-Of-The Line Restaurant Equipment, Including Five Beer Taps, Walk- In Cooler, Three Ovens, Ten Heating Shelves, Three Preparation Tables, And Dough Making Machine. The Fast And Friendly Customer Service, Which Is The Trademark For This Business, Is Optimized With The Rapid Fire Pos System, And Four Telephones. There Is Even Office Space In The Back With Two Computers, Which Is Very Convenient For Administrative Purposes. Currently Absentee-Run, The Restaurant Has 14 Dependable Employees, Including Three Managers, Three Cooks And Five Drivers. A New Owner Could Increase The Sales And Profit By Actively Working In, And Managing The Restaurant. The Current Owners Only Work About 10-15 Hours A Week Managing The Restaurant, And Filling In As Necessary. This Fast-Growing Franchise Offers A Proven Concept, And Strategy For Success! There Are About 30 Stores In The Western United States, And Still Growing! The Franchise Fees Are An Affordable 1 Percent For Advertising, And 4 Percent For Royalties. The Owners Are Selling Because They Would Like To Pursue Other Interests.
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Call/Email
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This Location Operates In Twelve Western States From A 25,000 Square Foot Leased Building In A Large Industrial Park In San Bernadino County. The Plant Is Responsible For Sales, Marketing And Key Manufacturing For Customers Located Within The Territory. Established In The Late 1970 S, The Company Became The West Coast Manufacturing And Distributing Arm Of An Eastern Company In 1985. With Business Concentration In Southern California, There Is Tremendous Opportunity To Expand Sales In Adjoining States. Concentrating On Manufacturing And Distribution Of Plastic Reels And Spools For The Wire Industry, Any Products Not Manufactured Locally Were Purchased From And Manufactured By Their Eastern Plant. The Plant Operates Without Daily Corporate Supervision With Management In Place Who Are Willing To Remain With The Business. Steady And Controlled Growth Describe The Sales And Profitability Of The Business With Existing Capability For Expansion. Through The First Half Of 2008, Sales Have Maintained Their Stability While Profits Are Higher Than The Comparable Period Last Year. In Planning Their Exit Retirement Strategy, The Shareholders Are Carving Out This West Coast Base Of Operations From Their S Corporation So The Transaction Will Be In The Form Of An Asset Sale. A Key Component To The Business Is The Company's Flexibility In Custom Manufacturing To Client Specs. There Is A Developed And Defined Method And Transition Period For The Financial Buyer Who Wishes To Take Advantage Of The Existing Corporate Marketing And Manufacturing. Please Request A Non-Disclosure Packet To Receive The 25 Page Confidential Business Report (Cbr).
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