Listing Number: 9525-349311
Description
Incredible opportunity to seize 4 (four) fast-casual restaurants with a hugely popular brand. The creator of this successful brand of restaurants is willing to provide ongoing assistance as a consultant. The owner is a very successful serial food and restaurant entrepreneur.
The locations of these restaurants are in the red-hot real estate market areas of Northern Virginia.
This is ideal for gaining an instant large local presence with a hot brand and concept. For those interested in growing a regional or national franchised brand, all of the marketing and operational systems have already been completed to operate a franchise system if the buyer so chooses.
This is also a great opportunity for existing restaurant groups looking for entrée into the rapidly expanding into the Mexican fast-casual market concept with a turnkey product.
This investment also satisfies the requirements of the U.S. EB-5 economic visa program.
Each location enjoys nicely accelerating sales and are rebounding strongly post-pandemic. The $630K EBITDA in 2023 shows great acceleration and recovery from the COVID years, and strong EBITDA growth is projected for 2024. Daily sales continue to accelerate.
Seller has dramatically cut the selling price to sell quickly and allocate resources to a new restaurant project in the South East states.
Listing Details
- Price: $1,975,000
- Down Payment: $1,975,000
- Sellers Discretionary Earnings: $628,000
- Total Sales: $3,000,000
- Location: Virginia
- Inventory: $0
- FF&E: $0
- Employees: 38
- Year Established: 2016
- Reason for Selling: Owner concentrating on businesses in other states
- Category: Restaurants
