Business For Sale $200,000 · Fast & Serious 2015 #3 List of smartest-growing brands Fast Casual...

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45th Street Marketplace Fargo, ND Smashburger Franchise Business For Sale $200,000 David Schlossman 1711 Gold Drive South, Suite 130, Fargo, North Dakota 58103 701-235-2920 Jeff Schlossman [email protected] www.goldmarkschlossman.com

Transcript of Business For Sale $200,000 · Fast & Serious 2015 #3 List of smartest-growing brands Fast Casual...

Page 1: Business For Sale $200,000 · Fast & Serious 2015 #3 List of smartest-growing brands Fast Casual Number 17 Top 100 Movers & Shakers Franchise Times Second Smartest Growing Brand Best

45th Street MarketplaceFargo, ND

Smashburger Franchise

Business For Sale$200,000

David Schlossman

1711 Gold Drive South, Suite 130, Fargo, North Dakota 58103701-235-2920

Jeff Schlossman

[email protected]

Page 2: Business For Sale $200,000 · Fast & Serious 2015 #3 List of smartest-growing brands Fast Casual Number 17 Top 100 Movers & Shakers Franchise Times Second Smartest Growing Brand Best

Smashburger Franchise1801 45th St S • Fargo • North Dakota

BUILDING SIZE: Space D2, Building B | 2,530.5 Square Feet

CURRENT LEASE RATE: $15.40 PSF | $3,247.48 monthly

PURCHASE PRICE: $200,000

LEASE TERM: 4.5 years, plus 3 - 5 year options to renew

GROSS SALES (2015): $1,009,053.00

EBITDA (2015): $39,426.00

This is an opportunity for you to purchase a turn-key franchised Smashburger location that has been open and operating in the 45th Street Marketplace for 5.5 years. Sale includes all furniture, fixtures, and equipment. Sale DOES NOT include real estate. Property lease will be transferred to the new owner.

This information has been secured from sources we believe to be reliable, but we make no representation or warranties, expressed or implied, as to the accuracy of the information. Interested parties should conduct their own independent investigations and rely only on those results.

David [email protected]

701-239-5806 (O), 701-261-6161 (C)www.goldmarkschlossman.com [email protected]

Jeff [email protected]

701-239-5848 (O), 701-238-4597 (C)

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SMASHBURGER STORY

THE

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Every burger at SMASHBURGER® starts as a fresh, never-frozen ball of all-natural, 100% CERTIFIED ANGUS BEEF®. With a patented Smasher, we smash the ball of beef on a hot-buttered grill, creating a CARAMELIZED edge that seals in the juices. Our burgers are served on a butter-toasted artisan bun and topped with the best cheeses, FRESHEST PRODUCE and sauces - creating a one of a kind testament to burgervores everywhere.

SMASHBURGER?

CUSTOMERS LOVE US

WHY ARE WE CALLED

WHY OUR

SMASHBURGER COMBINES THE BEST OF THE $69 BILLION QSR BURGERSEGMENT WITH THE BEST OF THE FULL SERVICE BURGER SEGMENT.*

QUICK SERVE CASUAL

SERVICE

QUALITYMade to Orderin 4-5 minutes

Premium Burger Experience

Food Delivered Fresh to your table

Quality ExperienceReasonable price

SPEED

VALUE

*Burgerbusiness.com/technomic-burger-chain-growth-peaks

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We serve burgers that range from timeless originals like the Classic Smashburger to chef-inspiredrecipes like our Truffle Mushroom Swiss. Our menu has something for everyone from burgers tochicken sandwiches to salads.

OUR MENUHAS SOMETHING FOR

EVERYONE

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Page 6: Business For Sale $200,000 · Fast & Serious 2015 #3 List of smartest-growing brands Fast Casual Number 17 Top 100 Movers & Shakers Franchise Times Second Smartest Growing Brand Best

MAKE YOU FEEL AS GOOD

WE BUILD OURRESTAURANTS TO

AS OUR FOOD TASTES

People come to Smashburger for many different occasions.We design our restaurants to be warm and inviting whether

you are eating dinner with your family, taking someone on afirst date, or meeting your co-worker for lunch. We evoke these

feelings by using natural materials, warmer tones and rich colors,and customized artwork to tell the story of Smashburger.

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LOCAL FLAVOR WE BRING

THE COLORADOBURGER

NATIONAL RECOGNITIONIn eight years, Smashburger has built over 350 restaurants worldwide. From Florida to California, we are showing people why Smashing is better. A local burger crafted around the city’s food history and tastes.

A selection of local craft beer.Artwork to decorate our walls with modern images of city landmarks.

SMASHBURGER IS DES IGNED TO BE EVERY C ITY ’S FAVORITE BURGER. WE OFFER:

+

871-70

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A SYSTEM THAT WORKS FOR YOU

David McBride, Mohegan Tribe,Connecticut / Rhode Island / MassachusettsThe Mohegan Tribe had a very successful opening of the Tribe’s first Smashburger store in Connecticut. The Tribe was very impressed with Smashburger’s commitment to bringing the fast-casual restaurant experience to a higher level by providing customers superior products and service. The Tribe looks forward to a long lasting future with the brand as we open many more locations throughout Connecticut, Rhode Island, and Massachusetts!

+ FOR OUR CUSTOMERSFast & Serious 2015#3 List of smartest-growing brands

Fast CasualNumber 17 Top 100 Movers & Shakers

Franchise TimesSecond Smartest Growing Brand

Best of Las Vegas 2015Best Burger Brand

Certified Angus BeefRestaurant Chain Marketer of theYear 2015

Fast Casual 2014Number 1 movers and shakers list

Wes Broomfield, Orlando and Jacksonville Markets I came to Smashburger after 36 years of experience in the food industry, overseeing quick service burger locations. My partner and I were looking for a brand with great

food and enormous growth potential. Smashburger’s brand buzz is incredible – everyone who knows the brand is excited about the brand. We look forward to

building Smashburger restaurants to leave behind for our children so thatthey can become the next generation of entrepreneurs.

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Forbes Magazine 2013 & 2014America’s Most Promising Company

Gourmet MagazineTop 25 American Food Entrepreneursof the last Century: Tom Ryan of Smashburger

Entrepreneur MagazineTop 100 Movers and Shakers

Huffington Post5 Fast Casual Burger Chains that maytake over the world

Page 9: Business For Sale $200,000 · Fast & Serious 2015 #3 List of smartest-growing brands Fast Casual Number 17 Top 100 Movers & Shakers Franchise Times Second Smartest Growing Brand Best

BE A PART OF IT THE STEPSTO OWNING

Multi-unit restaurant management experience as an owner &/or operator, real estate & trade area experience in development territory

Ability to obtain a liquor license(Where applicable)

Demonstrate enthusiasm, drive, passion & a proven record of successin the restaurant industry

$1.5 million innet worth

(Individual or partnership)*

Local market knowledge & willingness to build a dedicated team for Smashburger

$500K in liquid assets

(Individual or partnership)*

*Larger development agreements may require more.

FRANCHISE CRITERIA

YOUR OWN SMASHBURGER

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Complete & submit an online inquiry form at:smashburger.com/franchising

Telephone interview with the Smashburgerfranchise team

Complete & submit a franchise application

Receive & review the Franchise DisclosureDocument

Preliminary approval on territory& development

Schedule & attend Discovery Day in Denver

Final approval & franchise awarded

FOR MORE INFORMATION ON FRANCHISING VISIT SMASHBURGER.COM/FRANCHISING

GENERAL DEAL TERMS

• $40,000 Initial Fee

• 2.5% Marketing Contribution

• 5.5% Royalty Fee

•Prime development territoryfor multi-unit development

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Demonstrate enthusiasm, drive, passion & a provenrecord of success in the restaurant industry

Ability to obtain aliquor license(Where applicable)

Multi-unit restaurantmanagement experience as an owner &/or operator,real estate & trade area experi-ence in development territory

Local market knowledge& willingness to build a dedicated team forSmashburger

$1.5 million innet worth(Individual or partnership)*

Minimum $500K in liquid assets(Individual or partnership)*

*Larger developmentagreements may require more.

Page 10: Business For Sale $200,000 · Fast & Serious 2015 #3 List of smartest-growing brands Fast Casual Number 17 Top 100 Movers & Shakers Franchise Times Second Smartest Growing Brand Best

GREAT BURGERS THATPUT THE POWER OF

REAL FOOD BACKINTO PEOPLES’

HANDS.

NY: This advertisement is not an offering. An offering can only be made by a prospectus filed first with the Department ofLaw of the State of New York. Such filing does not constitute approval by the Department of Law. MN: File No. F-6043

Smashburger Franchising, LLC • 3900 East Mexico Avenue, Suite #1200, Denver, CO 80210

SIN CITY BURGER