Business Overview

Exceptional All-American Sports Pub with great cash flow to the owners. Current concept was established in 2008. The owners have many updates within the last few years, most equipment is less than 2 years old. With sales in the $2.3 million range and 50%+ to-go/pickup and delivery, it allows you to start making money day one!

Financial

  • Asking Price: $959,000
  • Cash Flow: N/A
  • Gross Revenue: $2,300,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2008

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:40
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Free Standing Property located on a # Rte.,All F. F. & E. seem to be in very good condition

Is Support & Training Included:

as needed

Purpose For Selling:

partners

Additional Info

The business was started in 2008, making the business 14 years old.

Why is the Current Owner Selling The Business?

There are all sorts of reasons individuals resolve to sell companies. However, the real reason and the one they tell you may be 2 entirely different things. For instance, they may claim "I have way too many various obligations" or "I am retiring". For many sellers, these factors stand. But, for some, these might just be excuses to try to hide the reality of changing demographics, increased competition, current reduction in revenues, or a variety of various other reasons. This is why it is very essential that you not rely absolutely on a vendor's word, however rather, utilize the vendor's solution together with your general due diligence. This will repaint a more sensible image of the business's existing circumstance.

Existing Debts and Future Obligations

If the current company is in debt, which many businesses are, then you will need to consider this when valuating/preparing your deal. Numerous companies borrow money so as to cover items like inventory, payroll, accounts payable, so on and so forth. Keep in mind that sometimes this can mean that earnings margins are too small. Numerous companies come under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may likewise be future obligations to take into consideration. There might be an outstanding lease on tools or the building where the business resides. The business may have existing contracts with suppliers that have to be satisfied or might result in fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the location draw in new clients? Many times, operating businesses have repeat customers, which create the core of their everyday profits. Specific variables such as brand-new competition sprouting up around the location, roadway building and construction, as well as personnel turnover can influence repeat consumers and negatively impact future earnings. One essential thing to consider is the location of the business. Is it in a highly trafficked shopping mall, or is it concealed from the main road? Undoubtedly, the more people that see the business often, the higher the chance to construct a returning consumer base. A final idea is the basic location demographics. Is the business situated in a densely inhabited city, or is it located on the outside border of town? Just how might the local mean home earnings influence future earnings potential?