Well-Established Fast Casual Franchise Restaurant
Asking Price: | $199,000 |
Gross Revenue: | $607,395 |
Rent: | $7,000/Month |
Established Year: | 2018 |
Cash Flow: | $97,174 |
Inventory: | $2,000 |
FF&E: | $50,000 |
Turn-Key Greek Favorite in Altamonte Springs
This well-established, popular Greek fast casual restaurant represents a great opportunity to take over from the current owner who is relocating and build on the opportunities offered within the $1 trillion dollar restaurant and food service market.
Located just off a busy main road with daily passing traffic of over 60,000 vehicles, the business is part of a well-known franchise, and this location was established in 2018. There are reliable staff in place who know the business well and the restaurant has a loyal customer base.
The current owner only works 10 hours per week and has 3 shift managers in place to deal with the day-to-day operations. The financials have been adjusted to reflect a full-time working owner. There is plenty of scope for growth for an owner-operator who can commit to the role full time, and with the business already generating revenue in excess of $600k in 2023 there is a solid base to build from.
The restaurant is over 1,850 sq ft in size and offers a turnkey ready business opportunity for a buyer. There is a lease in place until July 2025 with a first right of renewal.
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