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Russ and Pat Lee

I wanted to thank not only Joan for helping me find the best business but also her assistant Patrick. They work as a team, and when Joan’s tied up, Patrick always had answers for me. It’s like having two people working to help you find a business. We appreciate it! Thanks for not letting us get into the food business in Santa Cruz. more...

 

 


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Listing Information
 
Healthy Fresh Niche Food Franchise
Listing ID: SB545 Location: San Jose, California  
Broker: Joan Young Ph:(408) 436-1900
Brief: Fun, healthy, profitable, fast food franchise in excellent location with long lease...
Listed Price: $297,000 SOLD PRICE: $240,000
Total Sales: $603,722
Seller's Discretionary Earnings: $105,063
Fixtures Furniture, & Equipment: Included
Real Estate: N/A
Inventory: $5,000 (included)
Financing / Terms: Seller will carry up to 40% for a qualified buyer.
Business Information
Year Established: 2005
Number of Employees: 1 mgr; 6 shift leads; 7 part-time
Days and Hours of Operation: 7 days per week
Relocatable: No
Franchise Information: FDD available
Facilities / Location: 1,167 sq. ft. in multi-use building
Additional Information
Reason for Selling: Living out of the area
Business Description:

What an opportunity for someone who would like to get into a fun, vibrant healthy fast food concept but not have to start it from scratch.  Finding a space, building it out and waiting for breaking even takes time, energy and more $$$$.  This franchise has been open for around 3 ½ years and almost 3 of those years have been run by hiring a general manager and shift managers.

The Sellers feel that the potential hasn’t even been scratched due to the fact that both partners are living and working over an hour away from the business.  In order to grow the catering and delivery side of the franchise, the business should be owner operated.  Until September 2008, the revenues were continuing to rise.  They are still holding their own and doing better than the competition during the economic down turn.

There are many advantages to this food franchise, and one of the key pluses is that the new owner is able to take over the old franchise agreement.  This should save them quite a bit on royalty fees because it is a flat fee versus a percentage of gross revenues.  If revenues stay the same it could mean an additional   $12,000 versus what the royalties would be buying a “new” franchise.

Another big advantage is its location!  This location could not be better.  It is convenient to university students, night life and the business crowd during the week days.  It is near hotels, condos and near the convention center.

Sunbelt of the Greater Bay Area
2001 Gateway Place, Suite 230E San Jose, CA 95110 Phone (408) 436-1900 Fax (408) 436-1996
6700 Koll Center Parkway, Suite 130 Pleasanton, CA 94566 Phone: (925) 600-0414 Fax: (925) 369-7270

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