Franchise Restaurant Quick Service - Riverside

Location: California, United States
Category: Food and Beverage
Type: Franchise

Financials

Asking Price: $99,000
Cash flow: Not Disclosed
Revenue: Not Disclosed
Gross Income: $200,000
Inventory: $1,500 - Included in the Asking Price
FF&E $50,000 - Included in the Asking Price
Real Estate: Not Disclosed
Franchise Fee: Not Disclosed

Business Details

This restaurant is part of a franchise which has over 30 years of history and 75 locations, primarily along the West Coast. This business is located in a new, clean shopping center and has been in operation for over 2 years. A new owner may choose to continue to operate the business under the licensing agreement (a franchise with a proven success story) or may implement their own name and concept without penalty. The business generated over $200,000 in sales for the fiscal year 2006 and has experienced continued growth since opening. Business is open 7 days per week from 11 ? 9 p.m.

Facilities:
The business is located in a 900 square foot facility with a monthly lease payment of $2,754, due to expire June 2010. The sale includes all the assets of the restaurant, currently valued at approximately $50,000, plus inventory of $1,500. Initial capital investment was estimated at over $175,000.

Financing:
Not offered

Support:
Seller will train for 2 weeks at 25 hours per week

Competition:
Competition is considered low as this is the only restaurant of this franchise chain in Riverside County. However, other similar fast food franchises do exist.

Growth:
Many opportunities for growth exist. A new owner may increase advertising via direct mail, coupon mailer programs, pennysavers, and business co-ops. The business recently added Japanese food to its menu and may continue to expand the menu with other Asian specialties, such as Chinese dishes.

General Information

Reason Selling: Moving

Number of Employees: 4
Year Established: 2004