Listing ID: 66898
Business Overview
Motivated owners. This beautiful juice bar in a high traffic Lake Oswego location is a health- conscious business owner’s dream. Priced much less than starting your own juice bar with high end, relatively new equipment it is ready for a turn-key purchase. Smoothies, raw juices, cleanses and healthy bowls make up the menu that will satisfy any fitness enthusiast. Perfect opportunity to capitalize on this fast-growing segment of the market. Long-term lease in place with favorable terms. Rare opportunity to purchase a non-franchise, turn-key juice bar. Priced to sell quickly. Cash buyers looking to close quickly only. NDA required to review this opportunity.
Financial
- Asking Price: $50,000
- Cash Flow: N/A
- Gross Revenue: $112,000
- EBITDA: N/A
- FF&E: $44,731
- Inventory: N/A
- Inventory Included: N/A
- Established: 2019
Detailed Information
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:909
- Lot Size:N/A
- Total Number of Employees:3
- Furniture, Fixtures and Equipment:N/A
First-class, beautiful decor. No expense spared on the buildout. Ideal for juice bar, bubble tea, sandwich shop.
1 week.
Other business opportunities.
Additional Info
The venture was founded in 2019, making the business 3 years old.
The company has 3 employees and resides in a building with estimated square footage of 909 sq ft.
The real estate is leased by the company for $3,609 per Month
Why is the Current Owner Selling The Business?
There are all sorts of reasons individuals decide to sell businesses. However, the genuine reason and the one they say to you may be 2 entirely different things. For instance, they might claim "I have too many various obligations" or "I am retiring". For lots of sellers, these factors are valid. But, for some, these might simply be reasons to try to hide the reality of altering demographics, increased competition, current decrease in profits, or a range of various other factors. This is why it is extremely vital that you not rely absolutely on a vendor's word, yet rather, make use of the vendor's response combined with your total due diligence. This will repaint an extra sensible picture of the business's existing scenario.
Existing Debts and Future Obligations
If the existing entity is in debt, which lots of companies are, then you will have reason to consider this when valuating/preparing your offer. Numerous companies borrow money with the purpose of covering things like inventory, payroll, accounts payable, so on and so forth. Keep in mind that occasionally this can indicate that revenue margins are too tight. Lots of organisations fall under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may additionally be future obligations to think about. There may be an outstanding lease on tools or the building where the business resides. The business may have existing contracts with suppliers that must be satisfied or might cause penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the area attract brand-new consumers? Many times, businesses have repeat clients, which develop the core of their day-to-day profits. Certain variables such as new competition growing up around the area, roadway building and construction, and employee turn over can affect repeat clients and also adversely affect future revenues. One important point to consider is the area of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the highway? Clearly, the more people that see the business often, the better the chance to construct a returning client base. A last idea is the general area demographics. Is the business placed in a largely populated city, or is it located on the edge of town? Just how might the neighborhood average home earnings effect future income prospects?