Business Category: Other Eating & Drinking Places and Restaurants
Listing Price: $699,900
Cash Flow: $60,000
This fast-casual restaurant chain serves a variety of burritos and grilled wraps to its customers. The Restaurant has since developed a strong, niche customer base consisting significantly of loyal nearby college students and young professionals. The Company operates a well-established concept with and modern and exciting brand concept. The Restaurant has several opportunities to grow and increase profitability.
One of the Company’s founding members passed away leaving an ownership with little restaurant experience. The owners have full-time jobs and are unable to give the Restaurant the attention it needs. Ownership is willing to provide reasonable and customary transition assistance.
Opportunities For Growth:
(1) Expansion into Other States
(2) Additional Product Offerings
(3) Addition of Food Truck
(4) Additional Marketing
(1) Company is Franchise-Ready: The Company has invested heavily in gaining the ability to issue franchises to expand its brand nationally.
(2) Unique Product: The Company offers a unique product offering that attracts new and existing customers by differentiating themselves from more typical restaurants.
(3) Delivery Service: The Company has delivery capabilities to serve its food to customers no matter where they may be.
(4) Niche Market: The Company caters to a niche market through its brand and product offerings, which provides it with a valuable system of word-of-mouth referrals.
(5) Strong College Markets: Most of the Company’s locations are in close proximity to some of the most popular college towns in Michigan, giving them strong access to a highly in-demand market.
Real Estate Available: For lease
Reason For Sale: One of the Company’s founding members passed away leaving an ownership with little restaurant experience. The owners have full-time jobs and are unable to give the Restaurant the attention it needs.