This casual American full-service restaurant chain is a Northern California C Corporation and has been in operation for the past 30 years under the current ownership. The Franchisor has been in business for over 65 years as a go-to spot for breakfast, lunch and dinner. Known for its comfortable “come as you are” atmosphere, it serves as a popular, often late-night, dining option with a wide, reasonably priced menu. They have almost 1,800 locations across the United States and 13 countries outside of the US. The one ingredient that is always constant – a smile. This business is an absentee owned business.
Financial Information
$690,000
Asking Price
$250,000
Cash Flow
$1,500,000
Gross Revenue
$690,000
Down Payment
$170,000
Adjusted EBITDA
Business Location
City:
Northern California
State:California
Reason for Sale
The Sellers are selling to pursue other interests.
Detailed information
Year Established:1996
Home Based:No
Franchise:Yes
Relocatable:No
Lender Prequalified:No
SBA Prequalified:Yes
Full-Time Employees: 7
Part-Time Employees:9
Contractors:N/A
Owner Worked Hours/w:5
Inventory Included: Yes
Inventory Value:
$10,000
Monthly Rent:
$14,188
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 5000
FF&E Included?: Yes
FF&E Value: $45,000
Training/Support
The Seller is willing to provide training at 30 hours per week for 2 weeks for the new Owner. Additional training can be made available at a mutually agreed upon cost to the new Owner.
Facilities
This business operates out of 5,000 square feet with a base rent of $14,188 per month and monthly CAM charges of $1,351. The current lease expires in September 2027.
Market Outlook/Competition
Casual dining restaurants hold a staggering 72% market share in the Full-Service Restaurants Market due to their broader cuisine choices, diverse menus, and greater accessibility. These establishments cater to a wide range of tastes, offering everything from comfort food to international cuisine, making them appeal to diverse customer preferences.The North America Full-Service Restaurants (FSR) Market is expected to grow at a 2.5% CAGR during the forecast period 2025 to 2032.