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Fast Casual Dining Restaurant for sale in Fargo, ND

Fargo, North Dakota (ND)

Asking Price: Gross: Cash Flow:
$ 99,000 $ 760,873 Undisclosed

Furniture and Fixtures Value:
$ 250,000 (included in the asking price)

Inventory Value:
$ 30,000 (included in the asking price)

Business Summary:


Newly opened fast casual dining restaurant for sale. Turn-key operation with a great opportunity for the right person. Consists of good American food, hand-made shakes, as well as fresh, never-frozen, made-to-order burgers.

Breakdown of revenue: 76% food, 24% beverage sales. Operates from Monday to Saturday, 10:30 a.m. – 9 p.m., and Sunday 11 a.m. – 6 p.m. 32% COGS – New owner could lower COGS to 25%-27%. Currently an absentee business. Payroll expense is 39%. Labor cost should be below 30% of annual revenue. An owner-operator could do significantly better.

Good location with built-in customer traffic. The facility is new, as was custom fitting into 880 square feet of space with extremely high foot traffic. About to celebrate its 2nd year in business.

Corporate is very accommodating in training a new owner. Corporate office provides a two-week sales training. Knowledgeable staff is ready to assist in training, as well.

Top-notch product. Owners have no experience in food & beverage. A new owner-operator with a food background could be very successful.

This is an established business, this is NOT a new franchise or start-up opportunity. ***Please look for an email titled "Morgan & Westfield –“Fast Casual Dining Restaurant” after contacting us. You can access more information on this business after e-signing our Confidentiality Agreement. ***

 

   
Year Business was Established: 2015
   
Number of Employees: 6 Full-Time, 9 Part-Time  
   
Owner willing to finance: $50,000 down payment  
   
Owner willing to train: Yes  
   
Seller Reference Number: FVR-778
BusinessMart.com Listing Number: 213725
 

 

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M W Group


888-693-7834 xt

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