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Hesperia, San Bernardino County, California
Asking Price
$1,299,000
Revenue
Call/Email
Down
Call/Email
Cash Flow
Call/Email
Name: Houmehr Mike Panoussi
Phone: Show phone number
Name
Houmehr Mike Panoussi
Phone
Show phone number
Posting ID:
290708
Attributes:
Absentee Run
Broker Cooperation
Existing Franchise
Financial Assistance
License (Liquor, etc.)
SBA Loan Pre-Qualified
Training And Support
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Northern California Fast Food Chain Snack Restaurant - SC2174 Financial Information Asking Price: $250,000 Cash Flow: $90,000 Gross Revenue: $550,000 Down Payment: $250,000 This Northern California based Fast Food Chain Snack Restaurant is a California Sub-Chapter S Corporation and was formed 5 years ago and has been under the same ownership since inception. With a total of 86 locations in California and hundreds across the United States, this Franchise is extremely popular for snack foods, catering trays and party platters. Serving snacks by the bucket, they have been serving and delivering snacks since 1988. This franchise has the philosophy of giving back to the community that has been woven into the fabric of the company since the beginning. Starting as a single farmer’s market stand, this franchise is now the largest of its kind in the world. Business Location City: Northern California State: California Reason for Sale The reason for selling is Seller would like to pursue other interests. Detailed information Year Established: 2019 Home Based: No Franchise: Yes Relocatable: No Lender Prequalified: No SBA Prequalified: No Full-Time Employees: 2 Part-Time Employees: 10 Contractors: N/A Owner Worked Hours/w: 30 Adjusted EBITDA: $62,583 Inventory Included: Yes Inventory Value: $8,000 Monthly Rent: $3,830 Real Estate Available: No Real Estate Included: No Real Estate Value: N/A Building Size: 932 FF&E Included?: Yes FF&E Value: $25,000 Training/Support The Seller is willing to provide training at 30 hours per week for 2 weeks for the new owner. Additional training may be available at mutually agreed upon terms between the Buyer and the Seller. Market Outlook/Competition The global fast-food market is projected to grow from $972.74 Billion in 2021 to $1,467.04 Billion by 2028 at a CAGR of 6.05% during the forecast period. Due to increased demand for convenience foods, on-the-go snacks, ready meals, and cold cuts, this market is steadily expanding. CA 02282967 NV B.1003039.LLC NV BUSB.0007191
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