Business Overview

A craft casual neighborhood shop with a social conscience. A family of passionate people, creating good food in a vibrant atmosphere. Everything done is for the positive experience of customers, the growth of employees, the success of investors, and the active improvement of community.
Sandwiches, salads and more in a fun, casual environment. Signature sandwiches with a passion for sensational flavors and fresh, high-quality ingredients. This business also offers event catering and a full range of corporate catering services. Many of our restaurants have weekly live music, televised sporting events and more.
This is a great for a community minded business owner. You will be the owner of a restaurant that is more than your average deli shop.
This listing is for an established deli franchise based in Utah.

Financial

  • Asking Price: $857,000
  • Cash Flow: $233,000
  • Gross Revenue: $1,320,000
  • EBITDA: $233,000
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A
Purpose For Selling:

franchise

Additional Info

The building is leased by the company for $2,231 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons why people resolve to sell companies. Nevertheless, the true factor vs the one they tell you may be 2 absolutely different things. For instance, they may say "I have too many other commitments" or "I am retiring". For numerous sellers, these factors stand. However, for some, these might just be justifications to try to conceal the reality of changing demographics, increased competitors, current reduction in revenues, or a range of various other reasons. This is why it is extremely essential that you not count entirely on a vendor's word, but instead, make use of the seller's answer together with your general due diligence. This will repaint a much more practical picture of the business's current scenario.

Existing Debts and Future Obligations

If the existing company is in debt, which numerous businesses are, then you will need to consider this when valuating/preparing your offer. Lots of businesses take out loans in order to cover points like inventory, payroll, accounts payable, etc. Bear in mind that occasionally this can indicate that earnings margins are too tight. Lots of businesses come under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may also be future commitments to consider. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with vendors that should be met or might cause fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the location draw in new clients? Often times, businesses have repeat clients, which develop the core of their everyday revenues. Specific variables such as brand-new competition sprouting up around the location, roadway building, and staff turn over can impact repeat clients as well as adversely impact future revenues. One important point to consider is the placement of the business. Is it in a very trafficked shopping center, or is it concealed from the main road? Obviously, the more people that see the business on a regular basis, the higher the opportunity to develop a returning customer base. A final idea is the basic location demographics. Is the business placed in a largely populated city, or is it located on the outside border of town? How might the local mean home earnings effect future income prospects?