VENTURA FAST FOOD FRANCHISE WITH BEER & WINE
Seller:
Attn:
Ryan Clark
Location:
Ventura, CA, USA
Listing Number:
"VenMex"
Overview of the Business:
This 5 year old franchise restaurant with beer and wine is a proven, absentee owned business in a major shopping center. The concept, which has experienced continued popularity in recent years (and despite the economic downturn) shows signs that it should continue to thrive. With an average build-out expense ranging from $500,000 to $600,000, this sale represents tremendous value to those seeking the security of a an absentee owned, established franchise but does not seek to experience the time or hassle associated with new location site selection, lease negotiation, build-out, beer and wine permitting, and ramp up time.
Property Features and Assets:
The restaurant is located in a 2,000 square feet facility that leases for $8,100 (including CAM) on a lease until 2016. The sale includes all of the furniture, fixtures and equipment of the business, as well as the franchise rights, inventory and goodwill.
Market Competition and Expansion:
As the business is located in large shopping center, competition naturally exists. This location has exploited it niche and developed a loyal following of employees, shoppers and nearby residents.
This business could benefit greatly from a higher degree of management oversight, as it is currently run entirely absentee. A working owner-operator will likely result in an improved customer service, increased productivity, and greater operating efficiency.
Additional Details:
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