California Mediterranean Franchise Brand | Scalable Concept w/ Expansion Potential - SC2267

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Restaurants & Food Businesses for Sale

  • Primary Category: Other Restaurants for Sale

This Californian Mediterranean Franchisor has two California S Corporations (one for the Franchisor and one for the franchise location going with the sale) and was started 10 years ago by the current owners and founder. Serving a wide variety of Mediterranean-based foods and a fast casual dining experience, this successful Franchisor has 20 franchise locations, including the one that is owned by the Franchisor. Systems, processes, procedures, workflows, supply chains…everything is set up and ready to go for further Franchise expansion in California and potentially outside of California as well. Fresh, flavorful, and made to satisfy, every bowl, wrap, and platter is stacked just how the customer wants it. Franchisees are located in high-traffic areas or at popular venues. Places like college campuses, stadiums, airports, or any event center that draws large crowds. As a franchisor, there are revenue streams of franchise fees, franchise renewal fees, franchise transfer fees, and royalty fees.

Financial Information

  • $1,490,000 Asking Price
  • $450,000 Cash Flow
  • $1,400,000 Gross Revenue
  • $1,490,000 Down Payment
  • $375,000 Adjusted EBITDA

Business Location

  • City: Californian
  • State: California

Reason for Sale

  • The reason the Seller is selling is due to health reasons.

Detailed information

  • Year Established: 2016
  • Home Based: No
  • Franchise: Yes
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 1
  • Part-Time Employees: 5
  • Contractors: N/A
  • Owner Worked Hours/w: 30
  • Inventory Included: Yes
  • Inventory Value: $25,000
  • Monthly Rent: $2,900
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Building Size: 1200
  • FF&E Included?: Yes
  • FF&E Value: $100,000

Training/Support

  • The Seller is willing to provide training at 20 hours per week for 4 weeks for the new Owner. Additional training may be provided at mutually agreed-upon terms between the Buyer and the Seller.

Facilities

  • The franchise location coming with the business operates out of 1,200 square feet with a monthly rent of $2,900 and monthly CAM charges of $1,500. There is approximately 4 years left on the lease and it is assignable.

Market Outlook/Competition

  • The North American fast-casual Mediterranean restaurant market is experiencing high growth, driven by consumer demand for healthy, customizable, and fresh dining options. Valued as part of a growing $92.4 Billion healthy fast-casual sector, this market is rapidly expanding, with North America holding a 38.2% global market share, largely driven by millennials and busy professionals.
Business Listed by
image of Brett Sargent
Brett Sargent
Sunbelt of Sacramento
Email Brett
Show Phone Number
Listing ID
SACRACA002-58905
License Number
CA 02100708; NV 1003039

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