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General Business Information
Category:
Restaurants
County:
Multiple Counties
State/Prov:
Florida
Country:
United States
Sales:
$18,371,284
SDE:
$1,174,634
Description of Business
Founded in 2000, Moe's Southwest Grill is a nationally
recognized QSR Mexican Brand that has been a staple in many
communities with over 700 locations around the world and 22
years of serving great food. This is a lucrative opportunity to
purchase 18 primo Florida stores with great locations in thriving
cities. These locations have successfully contributed to a 2019
report estimating a $62+ billion dollar market value for the
Mexican restaurant industry within the United States.
It is possible for a buyer to close with less than $600k net out of
pocket for all 18 locations (stock sale required). Seller and bank
funding are already in place!
Listing Details
Location:
18 different Florida locations
Years Established:
2002
Years Owned:
20
Is Relocatable:
No
Is Home Based:
No
Is a Franchise:
Yes
Is Lender Pre Qualified:
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
$18,371,284
$5,770,022
$10,978,169
$5,031,358
$1,174,634
$0
$0
$0
$0
$0
$1,174,634
2021
$2,021
$5,483,958
$11,635,318
$4,487,810
$1,759,887
$0
$0
$0
$0
$0
$1,759,887
Lease Information
Expiration Date:
2023-05-31
Building Type:
There are 18 locations in varying building types.
Summary
Reason for Sale:
Discuss with the seller.
Training and Support:
Management Will Remain Through Transition:
The current owner has taken this business as far as he is able and is looking for the right opportunity and partnership to grow the business to even more stores. With strong management support and financial partners, the growth is endless!
Owner Qualifications:
Founded in 2000, Moe's Southwest Grill is a nationally
recognized QSR Mexican Brand that has been a staple in many
communities with over 700 locations around the world and 22
years of serving great food. This is a lucrative opportunity to
purchase 18 primo Florida stores with great locations in thriving
cities. These locations have successfully contributed to a 2019
report estimating a $62+ billion dollar market value for the
Mexican restaurant industry within the United States.
It is possible for a buyer to close with less than $600k net out of
pocket for all 18 locations (stock sale required). Seller and bank
funding are already in place!
Financing Summary:
It is possible for a buyer to close with less than $600k net out of pocket for all 18 locations (stock sale required). Seller and bank funding are already in place. Complete an NDA to speak with the listing agent about the specifics of this offer.
For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER
General Business Information
Category: Restaurants
County: Multiple Counties
State/Prov: Florida
Country: United States
Sales: $18,371,284
SDE: $1,174,634
Description of Business
Founded in 2000, Moe's Southwest Grill is a nationally
recognized QSR Mexican Brand that has been a staple in many
communities with over 700 locations around the world and 22
years of serving great food. This is a lucrative opportunity to
purchase 18 primo Florida stores with great locations in thriving
cities. These locations have successfully contributed to a 2019
report estimating a $62+ billion dollar market value for the
Mexican restaurant industry within the United States.
It is possible for a buyer to close with less than $600k net out of
pocket for all 18 locations (stock sale required). Seller and bank
funding are already in place!
Listing Details
Location: 18 different Florida locations
Years Established: 2002
Years Owned: 20
Is Relocatable: No
Is Home Based: No
Is a Franchise: Yes
Is Lender Pre Qualified: Yes
Financial Information
INCOME PERIOD, Year: 2022
GROSS SALES: $18,371,284
– Costs of Goods Sold: $5,770,022
= Gross Profit: $10,978,169
– Total Expenses: $5,031,358
= Net Before Taxes: $1,174,634
ADD BACKS
+ Owner(s) Salary: $0
+ Benefits: $0
+ Interest Expense: $0
+ Depreciation: $0
+ Other : $0
TOTAL OWNER BENEFIT: $1,174,634
INCOME PERIOD, Year: 2021
GROSS SALES: $2,021
– Costs of Goods Sold: $5,483,958
= Gross Profit: $11,635,318
– Total Expenses: $4,487,810
= Net Before Taxes: $1,759,887
ADD BACKS
+ Owner(s) Salary: $0
+ Benefits: $0
+ Interest Expense: $0
+ Depreciation: $0
+ Other : $0
TOTAL OWNER BENEFIT: $1,759,887
Lease Information
Expiration Date: 2023-05-31
Building Type: There are 18 locations in varying building types.
Summary
Reason for Sale: Discuss with the seller.
Training and Support: Management Will Remain Through Transition:
The current owner has taken this business as far as he is able and is looking for the right opportunity and partnership to grow the business to even more stores. With strong management support and financial partners, the growth is endless!
Owner Qualifications: Founded in 2000, Moe's Southwest Grill is a nationally
recognized QSR Mexican Brand that has been a staple in many
communities with over 700 locations around the world and 22
years of serving great food. This is a lucrative opportunity to
purchase 18 primo Florida stores with great locations in thriving
cities. These locations have successfully contributed to a 2019
report estimating a $62+ billion dollar market value for the
Mexican restaurant industry within the United States.
It is possible for a buyer to close with less than $600k net out of
pocket for all 18 locations (stock sale required). Seller and bank
funding are already in place!
Financing Summary: It is possible for a buyer to close with less than $600k net out of pocket for all 18 locations (stock sale required). Seller and bank funding are already in place. Complete an NDA to speak with the listing agent about the specifics of this offer.
LISTING BROKER