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Aggressively Priced - Fast Casual Restaurant

Seller: Attn: Nick Patel
Location: Mishawaka
Listing Number: 83627352

Asking Price: $299000.0000 USD USA Dollars
Industry: Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling: Seller has relocated out of state.
Year Established: 2007
Number of Employees: $9
Yearly Revenue: $550000.0000
Yearly EBITDA: $NA
Yearly Net Profit: $80,000
Yearly Gross Income: $NA

Overview:

Moe's Southwest Grill is one of the fastest growing fast casual Mexican restaurant franchises in the country. Compared to traditional restaurants, Moe's Southwest Grill encompasses a vibrant environment that is fun and friendly as well as suitable for all ages. There is tremendous growth opportunity with this extremely desirable location. This spacious restaurant seats 104 individuals comfortably and is roughly 2,700sq ft. The seller is asking for a $100,000 down payment and the buyer will take over the SBA loan. The seller will finance the remainder to the buyer. Training at the store level will be provided by the buyer. Formal training will be provided by FOCUS Brand's corporate staff. To assist the buyer to start off the on the right foot, the seller has agreed to sell his Mercedes ML320 for only $10,000 apart from the asking price. This vehicle is completely wrapped with Moe’s vinyl graphics and it provides one of the best marketing tools to the buyer. The store is aggressively priced to sell at $299,000.

Property Features and Assets:

This store is located in Northern Indiana in Mishawaka. The store is stationed in one of the largest strip centers in the area with five anchor stores and multiple smaller tenants. The strip center is located in the commercial district on one of the busiest streets in the area. There are numerous universities nearby including University of Notre Dame, Bethel College, and Indiana University South Bend. The store was established in April 2007 and is practically new.

Additional Details: