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California
SBA Approved - California Mediterranean Franchise Brand | Scalable Concept w/ Expansion Potential
Asking Price
$1,490,000
Revenue
$1,400,000
Down
$1,490,000
Cash Flow
$450,000
Description
This Californian Mediterranean Franchisor has two California S Corporations (one for the Franchisor and one for the franchise location going with the sale) and was started 10 years ago by the current owners and founder. Serving a wide variety of Mediterranean-based foods and a fast casual dining experience, this successful Franchisor has 20 franchise locations, including the one that is owned by the Franchisor. Systems, processes, procedures, workflows, supply chains…everything is set up and ready to go for further Franchise expansion in California and potentially outside of California as well. Fresh, flavorful, and made to satisfy, every bowl, wrap, and platter is stacked just how the customer wants it. Franchisees are located in high-traffic areas or at popular venues. Places like college campuses, stadiums, airports, or any event center that draws large crowds. As a franchisor, there are revenue streams of franchise fees, franchise renewal fees, franchise transfer fees, and royalty fees.
Financial Information
$1,490,000 Asking Price
$450,000 Cash Flow
$1,400,000 Gross Revenue
$1,490,000 Down Payment
$375,000 Adjusted EBITDA
Business Location
City: Californian
State: California
Reason for Sale
The reason the Seller is selling is due to health reasons.
Detailed information
Year Established: 2016
Home Based: No
Franchise: Yes
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 1
Part-Time Employees: 5
Contractors: N/A
Owner Worked Hours/w: 30
Inventory Included: Yes
Inventory Value: $25,000
Monthly Rent: $2,900
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 1200
FF&E Included?: Yes
FF&E Value: $100,000
Training/Support
The Seller is willing to provide training at 20 hours per week for 4 weeks for the new Owner. Additional training may be provided at mutually agreed-upon terms between the Buyer and the Seller.
Facilities
The franchise location coming with the business operates out of 1,200 square feet with a monthly rent of $2,900 and monthly CAM charges of $1,500. There is approximately 4 years left on the lease and it is assignable.
Market Outlook/Competition
The North American fast-casual Mediterranean restaurant market is experiencing high growth, driven by consumer demand for healthy, customizable, and fresh dining options. Valued as part of a growing $92.4 Billion healthy fast-casual sector, this market is rapidly expanding, with North America holding a 38.2% global market share, largely driven by millennials and busy professionals.
CA 02100708; NV 1003039
Business Details
Year Established:
2016
Employees:
6
Reason for sale:
$2,900
Support & Training:
The Seller is willing to provide training at 20 hours per week for 4 weeks for the new Owner. Additional training may be provided at mutually agreed-upon terms between the Buyer and the Seller.
Property Information
Size in Square Feet:
1,200 sqft
Lease Terms:
Monthly Rent: $2,900
Building Size (Total):
1,200 sqft
Lease & Tenant Information
Posting Information
Posting ID:
5842551
Business Category:
Restaurants & Food
Business Types:
American Restaurant
Food Franchise
Mediterranean Restaurant
Attributes:
Existing Franchise
Financial Assistance
Owner/Seller Financing
Training And Support
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
SBA Approved - California Mediterranean Franchise Brand | Scalable Concept w/ Expansion Potential
Posting ID
#5842551
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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