S.L. Nusbaum Realty Co. Business Brokerage Services

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2 Moe's Southwest Grills With Tremendous Cash Flow

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These two well established Moe's Southwest Grill Locations have consistently trended up in sales over several years and the cash flow is tremendous. The location's are fantastic and the national brand name recognition and good will is subperb. Consistently rated among the best fast casual Mexican restaurants in America, the 700 plus locations are blessed to have the support and buying power of it's franchisor, the world renowned FOCUS BRANDS. The royalties are a low 5% and the local and national advertising fee both 2%. There are many opportunities to grow the business that a new owner can embark upon such as catering. With these two turnkey locations and strong cash flow the sky is the limit for an energetic new owner.

Listing ID #:1006
Broker:Ross A. Weinstein, J.D.
City:Virginia Beach
State:VA
Asking Price:$1,150,000.00
Revenue:$1,834,764.00
Cash Flow:$400,000.00
Business Type:Restaurant-Bar
Year Established:2003
Year Acquired:2003
Employees:18 FT & 36 PT
Building:

Located in 2 prime shopping center locations; one in Virginia Beach (Approx. 3000 sq. ft) and one in Chesapeake (Approx. 2195 sq. ft.). The rents are respectively $4750/mo. and $4568/mo.

Reason for sale:Retirement
FF&E:$200,000.00
Inventory:$20,000.00

Contact Broker

Ross A. Weinstein, J.D.
Director of Business Brokerage Services
S.L. Nusbaum Realty Co. 440 Monticello Ave, 1700 Wells Fargo Center
Norfolk, Virginia 23510
757-640-2234 - Office
1-757-257-9173 - Fax
rweinstein@slnusbaum.com

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