Business Overview

Business Description:
AWARD WINNING QUICK SERVE FRANCHISOR

HIGHLY PROFITABLE FAST FOOD FRANCHISOR FOR SALE

Buyer will take over an exceptional business that offers high customer loyalty & repeat business.

Well positioned in the market for significant national & international growth.

Sales includes 2 highly profitable company owned locations

All systems (agreements, registrations, manuals, website, technology, trademarks, marketing, procedures) in place and operating smoothly.

A number of international area development agreements already in place.

Virtually unlimited U.S. Domestic and International opportunities for expansion.

Ancillary product lines and revenue streams possible.

Historical Summary:
MULTIPLE TIME AWARDS WINNER

Financial

  • Asking Price: $1,595,000
  • Cash Flow: $450,000
  • Gross Revenue: $3,908,000
  • EBITDA: N/A
  • FF&E: $25,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2010

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:30
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Square Footage: 1000 Type of Location: Commercial Facilities: NEW ENGLAND & INTERNATIONAL LOCATIONS THE FRANCHISOR IS CUREENTLY IN AN OFFICE LOCATION OWNED BY THE FOUNDER & ORIGINATOR OF THE FRANCHISOR. OFFICE CAN BE MOVED ANYWHERE YOU CHOOSE THE INDIVIDUAL FRANCHISED LOCATIONS AVERAGE $160K OF FF&E

Is Support & Training Included:

COMPLETE TRAINING & SUPPORT INCLUDED IN SALE

Purpose For Selling:

RETIREMENT - HEALTH ISSUES

Pros and Cons:

LIMITED

Opportunities and Growth:

UNLIMITED

Additional Info

The business was founded in 2010, making the business 12 years old.

Why is the Current Owner Selling The Business?

There are all types of reasons people resolve to sell operating businesses. Nevertheless, the genuine reason and the one they say to you might be 2 completely different things. As an example, they may claim "I have a lot of other commitments" or "I am retiring". For numerous sellers, these factors stand. But, for some, these might just be reasons to try to conceal the reality of changing demographics, increased competition, current decrease in revenues, or an array of various other reasons. This is why it is really crucial that you not rely entirely on a vendor's word, yet rather, use the vendor's response combined with your overall due diligence. This will paint an extra practical picture of the business's current circumstance.

Existing Debts and Future Obligations

If the existing company is in debt, which lots of businesses are, then you will certainly need to consider this when valuating/preparing your offer. Many operating businesses finance loans with the purpose of covering things such as supplies, payroll, accounts payable, so on and so forth. Keep in mind that occasionally this can imply that revenue margins are too small. Many companies fall under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may additionally be future obligations to think about. There may be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with suppliers that need to be satisfied or might lead to fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the location draw in new consumers? Often times, operating businesses have repeat clients, which form the core of their daily profits. Certain aspects such as new competition growing up around the area, road construction, and personnel turn over can influence repeat customers and negatively influence future incomes. One vital thing to think about is the placement of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Undoubtedly, the more people that see the business regularly, the greater the chance to construct a returning consumer base. A last thought is the general location demographics. Is the business situated in a largely populated city, or is it situated on the outside border of town? How might the neighborhood typical home earnings effect future income potential?