Development Agent RIGHTS: $220K+ Cashflow – National Franchise Brand!
Ad ID : 1711297
American Restaurants / Other Food and Restaurants
- Asking Price:$1,159,000
- Annual EBITDA/Cash Flow:$221,098
Rare opportunity to acquire an established and ongoing revenue stream, and then grow it exponentially. This Fast Casual brand no longer offers Development Agent (DA) agreements. The purchase of these DA Rights is one of the last remaining opportunities to become a DA with this Industry leading brand. The Seller has identified the potential for as many 48 franchise locations throughout the Development Territory. There are currently 11 successfully operating franchises in these six states, with additional stores in development.
The DA earns 1/3 of all Royalties collected by the Franchisor from stores within his Development Area. Royalties are currently 6% of sales. Therefore, the DA receives 2% of all Net sales from stores in the territory.
The Seller also earns additional compensation as follows:
1. New Franchises: For each new store opened, he earns 50% of each franchise fee which is currently $40,000
2. Franchise Transfers: For each franchise sold/transferred, he earns 50% of each transfer fee (currently $20,000)
This franchise system was ranked among Entrepreneur Magazine’s Top 200 Food and Restaurant Franchises of 2018 and landed in the Top 10 Fast Casual Restaurant Franchises by FranchiseRankings.com. In 2017, they were named to Entrepreneur’s Franchise 500 list, Franchise Times’ Fast & Serious list of the smartest growing franchise brands and were ranked on Fast Casual Magazine’s annual Top 100 Movers & Shakers, a list the brand has been included on every year in the last ten years of rankings.
With over 100 locations across the United States and rapid International expansion, this industry leading brand is built upon a family of franchise operators who share a passion for generously serving food and community!
Interested in additional Information?
1) Download or open the Confidentiality Form located in the Attached Documents section below.
2) Complete the Confidentiality Form and return it to us via the email address listed on the bottom of the Confidentiality Form.
3) Upon our receipt of your completed Confidentiality Form, we will contact you and provide you specific data for this business opportunity.
Year Established: 2014
Facilities: The Seller/Development Agent operates his business from an office within his residence. He does not employ others. The Seller has several businesses and has not devoted a significant amount of time to the development of new Franchisees. The current DA does very little marketing. Thus far, he has primarily engaged prospective franchisee on LinkedIn, and he relies on new Franchisee leads that the Franchisor forwards to him for his region. A Buyer devoted to expansion will be acquiring an excellent opportunity to further develop this growing national franchise in this Development Area, which will result in a continuing and increasing income stream.
Growth and Expansion: 1) As many as 37 additional franchises can be added throughout the Development Area. 2) Current franchisees are pursuing additional sites. 3) New franchisees have recently signed on in the territory and have stores in development.
About the Sale
Support and Training: The new Area Development Agent will receive training from the franchisor and current DA covering all facets of the role.
Reason for Sale: Seller has several other businesses that demand his time / focus.
Attached Documents:Confidentiality Form
Name: Jeff Percey
Phone: (Mobile) 804-357-3243 / (Office) 410-561-9800 / (Toll Free) 800-279-7569