Tupelo Data Room
Other Restaurants & Food
Active

Popular Fast Casual Restaurant in Great Location

Pinellas County, Florida, United States
listing image
Asking Price$149k
Revenue$479k
EBITDA-
Cash Flow$80k
Description
This well-established fast casual restaurant offers the perfect opportunity for a buyer to acquire a business that is currently part of a franchise but has permission to be sold as an independent location, meaning no royalty fees! The business has been in operation for over 4 years and provides a menu developed with healthy eating in mind. They offer a unique variety of sandwiches, wraps, salads, and rice bowls, with plenty of choice for vegetarian and gluten-free customers, as well as options for those who want a meal packed with protein. The restaurant is located at an outdoor shopping center that generates a high volume of foot traffic, with monthly events that bring over 1,000 people at a time to the center. There is both indoor and outdoor seating available. The restaurant is open 7 days a week and there are 6 staff in place, including 2 managers. The owner works around 25 hours per week. The business produces consistent revenues of over $450k per year, all of which has been created via organic growth, with no spend on marketing. This is a great chance to build on the work that the current owner has already done and take the business to the next level of growth.
Real Estate
Rent is $5,650 per month
Building Size: 1300 sq. ft.
Furniture Fixtures & Equipment
$10k
Inventory
$3kIncluded in Asking Price
Number of EmployeesFull-Time: 1Part-Time: 3
Year Established
2020
Reason Selling
Other business interests
Support & Training
Two weeks at no charge
Asking Price$149k