Description

Very well-known Franchise family restaurant & bakery with beer & wine, serving a wide variety of classic American food updated with today’s flavors, including signature & famous dishes, located near free way off ramp on a major street in Orange County. With commitment to freshly prepared foods using only the highest-quality ingredients, the restaurant also features a salad bar, freshly prepared home style soups & special varieties of pies.There is a great training, support & advertising campaigns from the franchisor & it is designed to make sure that every owner feels confident about the operation & the business. The current owner is very happy with the business & income but because of some family issue has to sell. Annual Revenue: $1,450,000FF&E: $75,000 (Included in the price)Inventory Not Included in the price) Seller’s Discretionary Cash Flow: $92,000Asking Price: $199,0005500 sq. ft. - rent: $5,250 + $1,525 a month in property tax+ 5% of all sales over $100,000 (Average is $955 a month). lease expires 9-2016. lease option has to be negotiated. Franchise Transfer fee: $1,000. Royalty: 5% of monthly sales. Advertising: 2% of monthly sales.Franchise Training Fee: $35,000.Disclaimer: The information above was furnished by the seller. Broker or its agents have not verified the information and makes no representations as to its accuracy or reliability.

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