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Redondo Beach, Los Angeles County, California
South Bay Better For You Food Service Chain – Highly Scalable Feel -Good Concept!
Asking Price
$1,900,000
Revenue
$1,233,896
Down
$1,900,000
Cash Flow
$335,950
Description
Note that the financial performance may initially appear less attractive than it actually is, due to the ramp up of a new flagship location that’s recently come online.
Each location is situated in a health conscience beach communities where food service concepts strive to provide high discretionary income residents health-focused breakfast and nutritious snack options. As a result, strong differentiation through quality ingredients, convenience, and customer experience are key to maintaining a competitive advantage. The concept, which is at the intersection of wellness, nutrition, and healthy snacks, faces indirect competition from health oriented fast-casual dining venues, yogurt shops, juice and smoothie bars, and grab-and-go food options, making visibility, product consistency, and convenience important factors for attracting and retaining patrons.
Strong demand from health-conscious residents, fitness-focused consumers, and tourists and beachgoers looking for nutrition and refreshment provide a steady client base of loyal customers that contribute to the brand’s customer retention, that is accentuated during the warner months with additional seasonable traffic. New management may choose to grow the brand’s geographic footprint by opening new locations, expand into the food truck or catering segment, promote digital ordering with mobile delivery, or they may pursue a licensing or franchising model. Strategic partnerships with high-end fitness chains (e.g. Life Fitness or Equinox), food or retail outlets, or other complementary service providers may also be evaluated.
Business Details
FE&E:
50000
Reason for sale:
Personal
Support & Training:
Seller will train for 2 weeks at 20hrs per week or as negotiated
Property Information
Premises Details:
The chain is comprised of three distinct beach area locations that range in size from 700 to 1,168 square foot, with rents that range from $3.7k to $21k per month. Each of the locations, as well as the concept’s, furniture, fixtures, equipment, and goodwill will be included in the sale. An estimated $3k in inventory per location will be sold at cost at close. Locations may be sold individually, however, they may be subject to a non-compete agreement and/or name licensing agreement with the remaining venues.
Lease & Tenant Information
Lease Options:
$3,700
Posting Information
Posting ID:
7582831
Business Category:
Restaurants & Food
Business Types:
American Restaurant
Dessert Shop
Attributes:
For Sale By Owner
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
South Bay Better For You Food Service Chain – Highly Scalable Feel -Good Concept!
Posting ID
#7582831
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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