Large Price Reduction by Absentee Owner of Fast Casual Franchise
Business Description
Well-known fast casual franchise located in busy mall. Established over 16 years ago. Fully staffed and ready for new ownership. 7 months YTD in 2024, sales have increased over 18% over prior YTD in 2023. Also, profits have increased substantially to $151K in just the first 7 months of this year. Annualized net profit is projected to be $258K for 2024. This is partially due to coming out of COVID and partially due to renovations and remodeling. Strongly positioned well for continued growth in sales and profitability, as there is adequate space in the location to include an additional sister franchise as well. Great opportunity for a new owner to take advantage of the extra space at this location. Seller will consider qualified buyer for seller financing, if needed.
About the Business
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,847
- Rent
- Not Disclosed
About the Sale
- Seller Motivation
- Other Business Interests
Listing Info
- ID
- 2223695
- Listing Views
- 2709
Listing ID: 2223695 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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