Tupelo Data Room
Other Restaurants & Food
Active

Well-Established Fast Casual Franchise Restaurant

Altamonte Springs, Seminole County, Florida, United States
listing image
Asking Price$199k
Revenue$675k
EBITDA-
Cash Flow$61k
Description
This well-established, popular Greek fast casual restaurant represents a great opportunity to take over from the current owner who is relocating and build on the opportunities offered within the $1 trillion dollar restaurant and food service market. Located just off a busy main road with daily passing traffic of over 60,000 vehicles, the business is part of a well-known franchise, and this location was established in 2018. There are reliable staff in place who know the business well and the restaurant has a loyal customer base. The current owner only works 10 hours per week and has 3 shift managers in place to deal with the day-to-day operations. The financials have been adjusted to reflect a full-time working owner. There is plenty of scope for growth for an owner-operator who can commit to the role full time, and with the business already generating revenue in excess of $600k in 2023 there is a solid base to build from. The restaurant is over 1,850 sq ft in size and offers a turnkey ready business opportunity for a buyer. There is a lease in place until July 2025 with a first right of renewal. Call for more information.
Real Estate
Rent is $7,000 per month
Building Size: 1850 sq. ft.
Furniture Fixtures & Equipment
$50k
Inventory
$2kIncluded in Asking Price
Business is
Established Franchise
Number of EmployeesFull-Time: 3Part-Time: 9
Year Established
2018
Reason Selling
Relocation
Support & Training
Two weeks at no cost to buyer
Asking Price$199k