This Californian Mediterranean Franchisor is a California S Corporation that 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 16 franchise locations, including the one that is owned by the Franchisor. The owner will retain his current location and will remain a franchisee for up to 1 year, after which he will keep the location and rebrand it to a different brand. 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
$800,000
Asking Price
$375,000
Cash Flow
$400,000
Gross Revenue
$800,000
Down Payment
$373,000
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:Yes
Franchise:Yes
Relocatable:No
Lender Prequalified:Yes
SBA Prequalified:Yes
Full-Time Employees: 1
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:30
Inventory Included: Yes
Inventory Value:
N/A
Monthly Rent:
N/A
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
FF&E Included?: Yes
FF&E Value: N/A
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.
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.