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Description

OFF-MARKET ‘Q1 2020

Food Franchisor Growth Opportunity – 3 QSR’s + Detailed Franchise Plans

Los Angeles, CA (Los Angeles County) (Relocatable)
Seller Financing Available

Asking Price:
$1,500,000

Cash Flow:
N/A

Gross Revenue:
$1,136,000

EBITDA:
N/A

FF&E:
N/A

Inventory:
$85,000

Real Estate:
$4,000,000*

Established:
2016

*not included in asking price.

Business Description

This is a unique opportunity to acquire a turn-key franchisor. In three years, the company has gone from concept to the successful operation of three quick serve kiosk-style restaurants in popular mall locations, each that dish up a modern take on a decadent and fresh specialty food item -and- comes with a professionally developed, highly detailed franchise plan to spread the yum and grow its success into the next decade and beyond.

This flavorful concept was developed from a college thesis but unlike other restaurants, was created by developing processes and functionality before the food concept was born. The result is small, efficient operations with low overhead that are not chef or ventilation dependent with its primary ingredient made from a central kitchen for consistency and cost savings.

The operations were intentionally designed for simplicity so even franchisees with zero restaurant experience are able to successfully operate their own location and that training of staff would take three days or less to reduce the pains of turnover common in the industry.

NDA {BELOW} is required to secure comprehensive Confidential Information Memorandum crafted by ProNova Partners.

Detailed Information

Location:

Los Angeles, CA

Inventory:

Included in asking price

Real Estate:

Owned, Not included in asking price AVAILABLE FOR $4MM (fair market value)

Building SF:

5,600

Employees:

30

Facilities:

Two of the eateries are kiosks while the flagship location is food court-style in a very popular tourist-driven shopping destination. The central kitchen is a nearly 5,600 square feet within a converted industrial building now health-certified for mass production of the key ingredient and the Company’s headquarters. This facility can be leased by the buyer or purchased for an additional $4M separate from the price of the business. The building will not be sold to any party not interested in purchasing the business and brokers have been instructed not to convey unsolicited offers.

Competition:

The business is a cross between Cinnabon and Wetzel’s Pretzels and operates in similar manners, serving a food item that can be eaten for breakfast, as a dessert, as a treat or an anytime snack.

Growth & Expansion:

The detailed franchise plan includes all branding materials; kiosk blueprints and financial models are mapped out to show expenditures and profitability at 100 and 200 locations.

Financing:

If the price and deal structure is right.

Support & Training:

For four weeks at 20 hours per week or on a paid consultant basis to be negotiated.

Reason for Selling:

Seller is being called upon to take care of a loved one overseas.

Franchise:

This business is an established franchise

Contact info

Pronova Partners

Inquire about this property

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