Business Overview

A dine-in or takeout Hawaiian grill with a great menu and loyal customers.

Financial

  • Asking Price: $200,000
  • Cash Flow: $107,807
  • Gross Revenue: $583,315
  • EBITDA: N/A
  • FF&E: $80,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2007

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:4
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

1,400 square feet, in a retail strip center.

Is Support & Training Included:

Will train for 4 weeks @ $0 cost. This is a great business for a hands-on owner that enjoys food service and working directly with employees and customers alike.

Purpose For Selling:

Retirement.

Pros and Cons:

In their competitive market, the business remains unique in their offering of authentic Hawaiian food at reasonable prices.

Opportunities and Growth:

Making event catering available would contribute to the company's growth.

Additional Info

The venture was established in 2007, making the business 15 years old.

Why is the Current Owner Selling The Business?

There are all kinds of reasons why people resolve to sell businesses. Nevertheless, the genuine reason and the one they tell you might be 2 totally different things. As an example, they may say "I have a lot of various responsibilities" or "I am retiring". For lots of sellers, these factors are valid. But also, for some, these might simply be reasons to attempt to conceal the reality of changing demographics, increased competition, current reduction in profits, or an array of various other factors. This is why it is really essential that you not rely absolutely on a seller's word, but rather, utilize the seller's answer combined with your overall due diligence. This will paint an extra practical picture of the business's present circumstance.

Existing Debts and Future Obligations

If the current company is in debt, which numerous companies are, then you will certainly need to consider this when valuating/preparing your offer. Numerous businesses finance loans with the purpose of covering points such as stock, payroll, accounts payable, so on and so forth. Bear in mind that in some cases this can imply that earnings margins are too thin. Lots of companies fall into a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may also be future obligations to take into consideration. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with suppliers that must be fulfilled or may result in charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do operating businesses in the location attract brand-new customers? Most times, companies have repeat clients, which form the core of their day-to-day earnings. Specific elements such as brand-new competition sprouting up around the area, road construction, and employee turn over can affect repeat customers and adversely influence future profits. One essential thing to consider is the area of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the main road? Undoubtedly, the more people that see the business on a regular basis, the better the chance to build a returning customer base. A last thought is the general location demographics. Is the business located in a densely populated city, or is it situated on the edge of town? How might the regional average house income effect future earnings potential?