This is an excellent opportunity to take advantage of current consumer trends favoring convenient foods at affordable prices. This business is positioned to weather any current or future impacts of Covid-19 as opposed to larger restaurant establishments because its operating model is smaller, high traffic locations (thereby higher ROI per square foot rent) and fewer employees. The “grab and go” food model utilized focuses on cleanliness and allows customers to observe food preparation, thereby eliminating concerns regarding sanitation.
A qualified buyer must receive franchise approval and 40 hours of training. Additionally, managers are required to have a Serve Safe Certificate (which all current managers have). The owner may also get a Serve Safe Certificate, but it is not required.
All three locations reside within busy shopping malls. The malls and the respective stores are in excellent condition and are well maintained. The stores are all within about a 30-minute drive of one another.
Beyond the growth anticipated in the industry, the new owner could also choose to take advantage of growth opportunities unique to the business including: • Expand to additional locations: Opportunities now exist to expand by taking over available rental inventory in other malls. • Develop More Active Ownership: While the new owner need not become heavily involved in the day-to-day operations of the business, more active ownership may provide additional opportunities for growth. • Add Online Delivery Systems: An online delivery system could increase profits without adding new products. These Systems, such as Door Dash, cost about $50 per month.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.