Gourmet Empanada Quick Service Restaurant with Multiple Locations in South Florida
Off-MarketDel Ray Beach, FL
Gourmet Empanadas Quick Service Restaurant With Multiple Locations
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$3,500,000
$400,000
11.4%
2023
30+ Days
Customers
Generating revenue from retail, wholesale, catering, and corporate meal programs. In addition to physical locations, the company operates wholesale and catering businesses with major resorts, food trucks, and coffee shops throughout South Florida.
Customer Acquisition
Word of Mouth, Social Media Marketing. The business also participates in corporate meal programs through EasyCater and Relish, providing standing weekly or bi-weekly orders to corporate and business customers. The company owns a branded mobile app with approximately 4,000 active users and conducts marketing through Instagram, TikTok, Facebook, UberEats, DoorDash, GrubHub, and every-door direct mail campaigns.
Team
The business employs 34 to 38 staff across four locations, with most positions being part-time except for a few key roles working 39-40 hours weekly.
Owner's Role
Owner works full-time in the business along with his wife, who oversees the central kitchen, and his daughter, who assists with marketing and operations.
Reason for Selling
The owner is seeking a minority or majority buyout partner with food development experience to scale the brand to 10-15 locations while remaining involved in operations. The owner brings over 30 years of restaurant experience, including eight McDonald's franchises operated for 16 years.
Contracts
No
Real Estate
The business maintains an optimal retail location footprint of just over one thousand square feet per location, requiring only one or two staff members per shift.
When Are You Looking to Sell
Within 6-12 months
Licenses Required
Yes, food service license is required.
Additional Notes
A fifth location in the Miami market is opening by mid to the end of March through a licensee arrangement. The company uses a central kitchen hub-and-spoke model, where all empanadas are made fresh daily at a central kitchen in Southern Palm Beach County and distributed to retail locations.
Business ID: 1468
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