Mediterranean Franchise | Scalable Concept w/ Expansion Potential - Business for Sale
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Mediterranean Fast Casual Franchisor with 20 Locations in California
CA, US
Added 2 months ago
Mediterranean Restaurant Franchise
10 years in business
A California-based Mediterranean fast casual franchisor with 20 franchise locations, including one company-owned unit, offering customizable Mediterranean cuisine and established franchise systems.
Key Information
Asking
$1.5M
Revenue
$1.4M
Earnings
$450K
Multiple
3.3x
Key Highlights
- Business has been established for 10 years.
- Includes two California S Corporations: one for the franchisor and one for the franchise location included in the sale.
- There are 20 franchise locations, including one owned by the franchisor that is included in the sale.
- Full-time employees: 1; part-time employees: 5.
- Inventory valued at $25,000 is included.
- FF&E valued at $100,000 is included.
- The franchise location operates out of a 1,200 sq ft facility with monthly rent of $2,900 and monthly CAM charges of $1,500.
- Approximately 4 years remain on the lease, which is assignable.
- Business is not home-based, not relocatable, and does not include real estate.
- Seller will provide 20 hours per week of training for 4 weeks.
Contact Info
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