Healthy, Fast Casual Restaurant – Nationally Recognized Franchise

General Business Information

Listing ID:

4110-00294

Listing Type:

Exclusive Right of Sale

Price:

$149,000

Down Payment:

$149,000

Category:

Restaurants

Subcategory:

Fast Food Franchise

County:

Duval

State/Prov:

Florida

Country:

United States

Sales:

$625,000

SDE:

$112,500

Description of Business

Immediately available is a turn key, fast casual restaurant known for its healthy menu choices and thriving business model since 1977. This popular franchise is located in the largest office building in Jacksonville, with over 2500 hungry professionals at its peak. This Corporate store is still closed, Franchisor was planning to open it back up this year.
-- RENT IS ONLY 4% OF GROSS SALES (Pre COVID sales were over $625,000)
-- Franchise Fee is included in the offering price at HALF the cost of a start up Franchise
-- Seller is motivated and may be open to some seller financing for a qualified buyer so MAKE AN OFFER
-- Possible Tenant Improvement Dollars available from the landlord & seller is open to a change of concept

Listing Details

Location:

Duval County

Hours of Operation:

7 am - 6pm Mon - Fri

Years Established:

2012

Years Owned:

10

Managers:

0

Amount of Hours Owner Works:

0

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
$625,000

$175,000

$450,000

$337,500

$112,500
$0

$0

$0

$0

$0
$112,500
Assets Included in Sale

Leasehold Improvements:

$150,000 Included

FF+E:

$150,000 Included

Total Assets Included:

$300,000

Lease Information

Expiration Date:

2022-10-01

Square Footage:

1000

Building Type:

Office Building

Summary

Reason for Sale:

Corporate Store

Training and Support:

2 Weeks Training

Non Compete:

Five miles for 3 years.

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: 4110-00294

Listing Type: Exclusive Right of Sale

Price: $149,000

Down Payment: $149,000

Category: Restaurants

Subcategory: Fast Food Franchise

County: Duval

State/Prov: Florida

Country: United States

Sales: $625,000

SDE: $112,500

Description of Business

Immediately available is a turn key, fast casual restaurant known for its healthy menu choices and thriving business model since 1977. This popular franchise is located in the largest office building in Jacksonville, with over 2500 hungry professionals at its peak. This Corporate store is still closed, Franchisor was planning to open it back up this year.
-- RENT IS ONLY 4% OF GROSS SALES (Pre COVID sales were over $625,000)
-- Franchise Fee is included in the offering price at HALF the cost of a start up Franchise
-- Seller is motivated and may be open to some seller financing for a qualified buyer so MAKE AN OFFER
-- Possible Tenant Improvement Dollars available from the landlord & seller is open to a change of concept

Listing Details

Location: Duval County

Hours of Operation: 7 am - 6pm Mon - Fri

Years Established: 2012

Years Owned: 10

Managers: 0

Amount of Hours Owner Works: 0

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: $625,000

– Costs of Goods Sold: $175,000

= Gross Profit: $450,000

– Total Expenses: $337,500

= Net Before Taxes: $112,500



ADD BACKS

+ Owner(s) Salary: $0

+ Benefits: $0

+ Interest Expense: $0

+ Depreciation: $0

+ Other : $0



TOTAL OWNER BENEFIT: $112,500

Assets Included in Sale

FF+E: $150,000 Included

Leasehold Improvements: $150,000 Included

Total Assets Included: $300,000

Lease Information

Expiration Date: 2022-10-01

Square Footage: 1000

Building Type: Office Building

Summary

Reason for Sale:

Corporate Store

Training and Support:

2 Weeks Training

Non Compete: Five miles for 3 years.

Owner Qualifications:

Restaurant management experience.