Fast, Casual Restaurant Franchise in Lake Mary

General Business Information

Listing ID:

4110-00300

Listing Type:

Exclusive Right of Sale

Price:

$150,000

Down Payment:

$150,000

Category:

Restaurants

Subcategory:

Fast Casual

County:

Seminole

State/Prov:

Florida

Country:

United States

Sales:

$615,722

SDE:

$73,887

Description of Business

FIRE SALE!!!! Seller is extremely motivated to sell this location as it is an hour drive every day from his other Franchise store!
The store opened at the begining of April 2021 and sales exceeded $500,000 in less than one year! Everything is brand new, this is not a rundown 2 generation store!!! There is a solid staff in place for continued success for a new owner!!
The Franchise is passionate about serving the Freshest and Highest quality foods!! The Franchise offers a solid Brand and operational support and guidance to help you succeed!! This Franchise has been around since 2011!!
Bring all offers TODAY as this one will not last long!!!

Listing Details

Location:

Lake Mary, Florida

Organization Type:

Sole Proprietorship

Hours of Operation:

Monday - Sunday 11a - 9p

Years Established:

2021

Years Owned:

1

Employees FT:

0

Employees PT:

12

Managers:

2

Amount of Hours Owner Works:

20

Is Relocatable:

No

Is Home Based:

No

Is a Franchise:

Yes

Is Lender Pre Qualified:

No

May Qualify for a Visa:

Yes

Financial Information
INCOME PERIOD, Year
GROSS SALES

– Costs of Goods Sold

= Gross Profit

– Total Expenses

= Net Before Taxes
ADD BACKS

+ Owner(s) Salary

+ Benefits

+ Interest Expense

+ Depreciation

+ Other
TOTAL OWNER BENEFIT
2022
$615,722

$197,031

$418,691

$344,804

$73,887
$0

$0

$0

$0

$0
$73,887
Assets Included in Sale

Leasehold Improvements:

$81,000 Included

FF+E:

$150,000 Included

Inventory:

$1,000 Included

Total Assets Included:

$232,000

Lease Information

Monthly Rent:

$5,800

Expiration Date:

2025-09-10

Square Footage:

1,700

Terms and Options:

Negotiable.

Summary

Reason for Sale:

Other business interest.

Training and Support:

Two weeks at no cost to buyer.

Owner Qualifications:

Restaurant Management Experience

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER

Tony Blair

Tony Blair
General Business Information

Listing ID: 4110-00300

Listing Type: Exclusive Right of Sale

Price: $150,000

Down Payment: $150,000

Category: Restaurants

Subcategory: Fast Casual

County: Seminole

State/Prov: Florida

Country: United States

Sales: $615,722

SDE: $73,887

Description of Business

FIRE SALE!!!! Seller is extremely motivated to sell this location as it is an hour drive every day from his other Franchise store!
The store opened at the begining of April 2021 and sales exceeded $500,000 in less than one year! Everything is brand new, this is not a rundown 2 generation store!!! There is a solid staff in place for continued success for a new owner!!
The Franchise is passionate about serving the Freshest and Highest quality foods!! The Franchise offers a solid Brand and operational support and guidance to help you succeed!! This Franchise has been around since 2011!!
Bring all offers TODAY as this one will not last long!!!

Listing Details

Location: Lake Mary, Florida

Organization Type: Sole Proprietorship

Hours of Operation: Monday - Sunday 11a - 9p

Years Established: 2021

Years Owned: 1

Employees FT: 0

Employees PT: 12

Managers: 2

Amount of Hours Owner Works: 20

Is Relocatable: No

Is Home Based: No

Is a Franchise: Yes

Is Lender Pre Qualified: No

May Qualify for a Visa: Yes

Financial Information
INCOME PERIOD, Year: 2022


GROSS SALES: $615,722

– Costs of Goods Sold: $197,031

= Gross Profit: $418,691

– Total Expenses: $344,804

= Net Before Taxes: $73,887



ADD BACKS

+ Owner(s) Salary: $0

+ Benefits: $0

+ Interest Expense: $0

+ Depreciation: $0

+ Other : $0



TOTAL OWNER BENEFIT: $73,887

Assets Included in Sale

Inventory: $1,000 Included

FF+E: $150,000 Included

Leasehold Improvements: $81,000 Included

Total Assets Included: $232,000

Lease Information

Monthly Rent: $5,800

Expiration Date: 2025-09-10

Square Footage: 1,700

Terms and Options:

Negotiable.

Summary

Reason for Sale:

Other business interest.

Training and Support:

Two weeks at no cost to buyer.

Owner Qualifications:

Restaurant Management Experience