CA Food Franchise: Keep Brand Or Go Independent

Business Description This Californian Franchise Restaurant Location has been in operation for 2 years and has recently closed and the Seller is looking to sell the Furniture, Fixtures, and Equipment for $95,000. Located in a shopping center with Raley’s as an anchor tenant and off of the main thoroughfare in this Northern California town, this location had a 4.7-star rating on Google with 163 reviews. The equipment located inside of the restaurant is relatively new and in good working condition. The Buyer may continue with the Franchisor if the Buyer decides to but is not obligated to maintain the franchise location. The location was previously a fast-casual restaurant. Market Outlook/Competition The North American fast-casual restaurant market is experiencing rapid growth. This expansion is fueled by rising consumer demand for premium, customizable, health-conscious, and sustainable food options, combined with seamless digital innovations like AI-powered ordering. A CAGR of 7.4% is expected between 2024 to 2030, valued at approximately $144.9 Billion in 2024 and expected to reach $230 Billion by 2030, according to industry reports. Seller Financing Description Seller financing for up to $30,000 for 2 years at 7.5% interest is available. The amount of financing offered will depend on the offered purchase price and the quality of the Buyer. Training/Support Description The Seller is not providing training unless the Buyer wants to continue to operate the location under the Franchisor, at which time mutually agreed-upon terms for training will be reached. Financial Information Asking Price: $95,000 Cash Flow: On request Gross Revenue: On request Down Payment: $65,000 Adjusted EBITDA: On request Business Location State: California Reason for Sale The reason for selling is that the Seller would like to pursue other interests. Business Information Facilities Description: Seller is interested in selling FF&E which is only 2 years old and in good condition. Relocatable? No Franchised? No Home Based? No Detailed information Year Established: 2024 Lender Prequalified: No SBA Prequalified: No Part-Time Employees: 0 Contractors: 0 Owner Worked Hours/w: 0 Inventory Included: No Inventory Value: N/A Monthly Rent: $2,400 Real Estate Available: No Real Estate Included: No Real Estate Value: No FF&E Included: Yes FF&E Value: $ 80,000 Seller Financing: Yes