General Business Information
Listing ID:
4110-00423
Listing Type:
Exclusive Right of Sale
Price:
$150,000
Down Payment:
$150,000
Category:
Restaurants
County:
Orange
State/Prov:
Florida
Country:
United States
Description of Business
ASSET SALE
Great opportunity to acquire a fast-casual franchise restaurant with over $400k spent on the build-out.
The business is located on a busy main road that has over 36,000 daily passing vehicles, in the popular Altamonte Springs area. There is a lease in place through May 2027 for the premises, which is over 1,700 sq ft of retail space.
The restaurant has been established since 2017 and is currently generating revenue in excess of $450k per year but the owner has not been able to work there on a full-time basis and so the profitability has been affected, resulting in this being an asset sale. There are staff in place who are able to run the business on a daily basis.
The owner spent over $400,000 in building out the restaurant and is willing to pay the franchise transfer fee on behalf of the buyer, making this the perfect opportunity to acquire a turnkey ready operation that would be ideal for a hands-on owner. In addition, the shopping center in which the business is located is currently being updated with new paint, sidewalks, railings, awnings, and street signs, and will shortly open a fitness center that is sure to bring more visitors to the location.
Call for more information.
Listing Details
Location:
Altamonte Springs
Organization Type:
'LLC'
Hours of Operation:
Mon-Sun 11am to 9pm
Years Established:
7
Years Owned:
2
Employees FT:
1
Employees PT:
7
Managers:
1
Amount of Hours Owner Works:
10
Is Relocatable:
No
Is Home Based:
No
Is a Franchise:
Yes
Is Lender Pre Qualified:
No
May Qualify for a Visa:
Yes
Assets Included in Sale
Leasehold Improvements:
$320,000 Included
FF+E:
$80,000 Included
Total Assets Included:
$400,000
Lease Information
Monthly Rent:
$5,400
Expiration Date:
2027-05-31
Square Footage:
1750
Terms and Options:
Negotiable
Building Type:
Strip Mall
Summary
Training and Support:
Two weeks at no cost to buyer
Non Compete:
5 years / 25 miles
Owner Qualifications:
Business license
For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER
General Business Information
Listing ID: 4110-00423
Listing Type: Exclusive Right of Sale
Price: $150,000
Down Payment: $150,000
Category: Restaurants
County: Orange
State/Prov: Florida
Country: United States
Description of Business
ASSET SALE
Great opportunity to acquire a fast-casual franchise restaurant with over $400k spent on the build-out.
The business is located on a busy main road that has over 36,000 daily passing vehicles, in the popular Altamonte Springs area. There is a lease in place through May 2027 for the premises, which is over 1,700 sq ft of retail space.
The restaurant has been established since 2017 and is currently generating revenue in excess of $450k per year but the owner has not been able to work there on a full-time basis and so the profitability has been affected, resulting in this being an asset sale. There are staff in place who are able to run the business on a daily basis.
The owner spent over $400,000 in building out the restaurant and is willing to pay the franchise transfer fee on behalf of the buyer, making this the perfect opportunity to acquire a turnkey ready operation that would be ideal for a hands-on owner. In addition, the shopping center in which the business is located is currently being updated with new paint, sidewalks, railings, awnings, and street signs, and will shortly open a fitness center that is sure to bring more visitors to the location.
Call for more information.
Listing Details
Location: Altamonte Springs
Organization Type: 'LLC'
Hours of Operation: Mon-Sun 11am to 9pm
Years Established: 7
Years Owned: 2
Employees FT: 1
Employees PT: 7
Managers: 1
Amount of Hours Owner Works: 10
Is Relocatable: No
Is Home Based: No
Is a Franchise: Yes
Is Lender Pre Qualified: No
May Qualify for a Visa: Yes
Assets Included in Sale
FF+E: $80,000 Included
Leasehold Improvements: $320,000 Included
Total Assets Included: $400,000
Lease Information
Monthly Rent: $5,400
Expiration Date: 2027-05-31
Square Footage: 1750
Terms and Options: Negotiable
Building Type: Strip Mall
Summary
Training and Support: Two weeks at no cost to buyer
Non Compete: 5 years / 25 miles
Owner Qualifications: Business license
LISTING BROKER