Successful Fast Food Franchise In Puerto Rico For Sale

Business description

A rare opportunity to buy into a major international fast food franchise in Puerto Rico.
Rent: 4,488€/month Community charge: 183€/month
On offer is a fully functional & extremely profitable fast food outlet offering a range of freshly made filled rolls, baguettes & drinks to eat on the terrace or to take away. This world famous brand requires the new owner to undergo a training course (included in the sale price). The only additional costs being the travel & accommodation during the course.
This franchise opened in Nov. ‘07 & it has been so successful that the opening hours have been extended from 2am – 4am.
The business occupies an excellent corner location on the 1st floor at the beach end of the main shopping centre & is clearly visible from the entrance.
The overall size is 47.5m² plus approx. 40m² of terrace on 3 sides. Two sides of the building are glass, with a glass door in each side.
The main feature of the air conditioned front area is the large food counter with a small hot bain marie & a large chilled display unit allowing customers to view all the ingredients on offer. There is also a covered display for cookies, p.c. based till, 2 cold drinks dispensers, double coffee machine, ice maker, microwave, hi speed toasting oven & 2 glass fronted ovens. The décor is bright & modern with a brick effect behind the wood effect fronted counter, tiled floor & white suspended ceiling.
Toilets are accessed via a lobby (1.9m²) tiled in green & white mosaic with a white corner sink. There are 2 fully tiled cubicles (1m²) each with a white wc.
The rear half of the property is fully tiled & is fitted with a triple stainless steel sink with a separate sluice. There are also 2 tall fridges, double freezer, single freezer, walk-in freezer & a water filtration system.
Everything about this property is bright clean & modern & has been kept in excellent condition. This is one of the few businesses with an almost guaranteed success.
The freehold property is available for & extra 520,000€

Franchise terms

The buyer is required to undergo training at the one of the company's main offices (USA or Australia for English language courses). The cost of training is included, but the buyer must make their own arrangements for travel & accommodation. Franchise regulations also require the owner to undertake a certain amount of advertising and there is also a small royalty payment based on declared profits.

Property information

Real Estate:

Lease

Lease terms:

This is a Spanish lease rental deal ("traspaso") in which you are buying the business (fixtures and fittings, stock, trading name & "goodwill") from the out going tenant and entering into a rental agreement with the owner for the use of the premises.
Standard terms are 5 years (renewable) Deposit: 9,000€

Leasehold rent:

€53,856 per annum

Location:

Upper floor of main shopping centre - clearly visible to everyone entering from the beach end

Premises details:

Clean, modern service area, well organised storage and cleaning area, terrace.

Other information

Competition / Market:

There is no-one offering a similar product and level of service in the area

Support & training:

Full training is included. Buyer will have to provide flights to training centre & accomodation

Reasons for selling:

This franchise has been so successful, the owner wants to set up another one in a different country.

Trading hours:

- 4am