Trendy Eatery in Prime Location – Asset Sale

General Business Information

Listing ID:

4110-00423

Listing Type:

Exclusive Right of Sale

Price:

$125,000

Down Payment:

$125,000

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

Julia Harrison

Julia Harrison
General Business Information

Listing ID: 4110-00423

Listing Type: Exclusive Right of Sale

Price: $125,000

Down Payment: $125,000

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