For many years, this successful business has operated a highly-regarded and truly unique fast-casual restaurant serving one of the Bay Area's top tech and millennial communities. The business is very profitable, having achieved a nearly 20% adjusted net margin in 2018.
This eatery along with the master franchisor entity, are being sold together as a package. The company has already sold franchise units that are generating income to the business (not reflected in the results shown). The owner is in discussions with multiple parties to sell additional units in the near term. Future revenues from any of these potential units could be substantial.
Opportunity: The owner cites multiple ways to increase revenues, including: growing their already strong catering business, opening additional company-owned stores, and selling more franchises. All store functions can be operated and managed on a daily basis by the experienced and well-tenured staff, freeing the owner to oversee the business and its financial operations as general manager.
The owner wants to sell in order to devote more time to their other interests. SBA financing for qualified buyers with restaurant operations experience.