Specialty Fast Food - 2 Outlets
Location Utah,United States
Asking Price Range < $250K
Gross Revenues $630000
Net Profit / Cash Flow $90405
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2011
Number of Employees 10 - 19
Inventory 245000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Negotiable as needed
Reason for Sale Retirement
Description Originally conceived as ''nightclub'' food in 1997, this specialty menu has been reinvented to fit a mall food-court environment. Their two locations, opened in 2011 and 2012, are experiencing excellent growth and profitability.
The original partnership under which the locations were started hasn't worked out and the owner has had to take on the day-to-day operations of the business. The seller's intent was for his partner to run the business so he could retire and realize some profit from his investment. The seller does not want to operate these businesses and so is willing to sell them for a bargain price to someone with the energy, drive and vision to turn this already proven concept into a very profitable multi-location business. The concept is easily duplicateable so more locations will be simple to establish. Asking price for both locations in $160,000.
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