Business Overview

Looking for a sustainable business opportunity, Kabayan Filipino Store and Café is a self-made very well-established Filipino restaurant new franchise with a lot of potential of additional growth located in a highly multi-cultural area, it appeals to those seeking something a little bit exotic but not as fiery as Mexican or Thai, making it an excellent choice for group lunches or dinners. This store has a supermarket, a restaurant with a full kitchen, and an area for a meat shop. Additionally, they are the official drop center for Freedom Cargo, sending shipments to the Philipines. This particular store is located in a high-traffic shopping plaza in Lewisville on Business 121. The seller has built a solid base but wants to free up time and capital to open additional franchise locations for the same concept. The business has partnered with online order and delivery companies for added revenue. Filipino food has become popular to not only Filipinos in the area, but also the locals. An excellent opportunity to own one or more of these stores in the DFW area.

Please reach out for more details about this upcoming franchise and additional locations available, including one in Plano close to Jollibee Chicken joint. Seller is waving the $25,000 franchise fee for early franchisees.

Financial

  • Asking Price: $349,000
  • Cash Flow: $160,000
  • Gross Revenue: $750,000
  • EBITDA: N/A
  • FF&E: $50,000
  • Inventory: $125,000
  • Inventory Included: Yes
  • Established: 2016

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:5,000
  • Lot Size:N/A
  • Total Number of Employees:5
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Very clean, all equipment in great condition and ready for business. Located in a busy location.

Is Support & Training Included:

Negotiable - Buyer required to attend the franchisor training

Purpose For Selling:

Expanding – creating more franchise stores.

Pros and Cons:

The franchisor ensures that each store has a good and secured territory. This store actually because of it’s location serves a very large area. Far fewer competitors in its niche.

Opportunities and Growth:

The potential to expand is limitless! The store is located in a great location. With this concept of one-stop-shop for groceries and good quality Filipino food. The owner is not doing much active marketing. The potential for increasing sales is even higher with more effort on marketing besides what the franchisor does at a high level.

Additional Info

The business was founded in 2016, making the business 6 years old.
The sale does include inventory valued at $125,000, which is included in the suggested price.

The company has 5 employees and is located in a building with estimated square footage of 5,000 sq ft.
The property is leased by the company for $0.00

Why is the Current Owner Selling The Business?

There are all kinds of reasons people decide to sell businesses. Nevertheless, the real reason and the one they say to you may be 2 totally different things. As an example, they might claim "I have way too many other commitments" or "I am retiring". For numerous sellers, these reasons are valid. However, for some, these might simply be reasons to try to conceal the reality of changing demographics, increased competition, current reduction in earnings, or a variety of various other factors. This is why it is really vital that you not depend totally on a seller's word, yet rather, utilize the vendor's response in conjunction with your total due diligence. This will repaint a much more reasonable picture of the business's present scenario.

Existing Debts and Future Obligations

If the existing company is in debt, which numerous companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Lots of companies take out loans with the purpose of covering things such as inventory, payroll, accounts payable, etc. Keep in mind that occasionally this can mean that revenue margins are too small. Lots of businesses fall under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may additionally be future obligations to take into consideration. There might be an outstanding lease on equipment or the structure where the business resides. The business might have existing contracts with suppliers that should be satisfied or may cause fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the location attract new clients? Most times, operating businesses have repeat customers, which form the core of their everyday profits. Certain aspects such as brand-new competitors growing up around the location, roadway building, and also employee turnover can affect repeat consumers as well as negatively affect future profits. One crucial point to take into consideration is the location of the business. Is it in a very trafficked shopping mall, or is it concealed from the highway? Clearly, the more people that see the business regularly, the greater the opportunity to build a returning customer base. A last thought is the general area demographics. Is the business placed in a densely inhabited city, or is it situated on the outside border of town? Exactly how might the neighborhood median household earnings effect future income potential?