This recognizable Gourmet Burger Restaurant offers a full-service casual dining experience and is located in a high-profile shopping center in Orange County. The brand has strong recognition and social foodies love the concept. The franchise has over 100 + stores and the locations are all strategically positioned in areas with strong demographics. There is a 47 (full liquor) license included with the business.
Lease: The lease is good through October 2022. Currently, there is no option to extend the lease, however, the restaurant has been operating at the location since 2007. The landlords have very strict qualifying guidelines. Buyers must have strong financials, good credit, and restaurant experience.
Income/Cash flow: The sales and cash flow represented are annualized for 2018. Sales from January September 2018 were $1,524,419 and cash flow/sellers discretionary earnings (SDE) were $126,954.
The cash flow/SDE could possibly increase with a full-time owner operator.
Additional location: The Seller is offering one other Orange County franchised location. The stores can be purchased separately or part of a two store package. For more information on the two store package refer to GBS #391 and inquire within. Both stores are in high profile shopping centers in Orange County and strategically positioned in areas with strong demographics.
Facilities: The store is 2,800 sq. ft and has excellent visibility and close to the major freeways and there is a lot of new development in the area.
Growth and Expansion: This franchise has drawn great reviews from its customers. This is a proven and recognizable brand that continues to get more exposure and there is strong franchise support.
Support/Training: Franchise training is available.
Reason Selling: The partners have decided to pursue other opportunities and one partner lives a far distance.
Year Established: 2007