Listing ID: 72625
Become part of the third-largest pizza chain in the United States. This established Little Caesars pizza business for sale is fully equipped and operating at the franchise brands standards. Today, Little Caesars is the 18th top fast-food chain and the third largest pizza chain in the nation. Great tasting pie, competitive starting and operational costs, and a comprehensive training program make it a good franchise business for new entrepreneurs. SA10762
- Asking Price: $329,000
- Cash Flow: $48,589
- Gross Revenue: $513,974
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2010
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:12
- Furniture, Fixtures and Equipment:N/A
The current lease is Month to Month, NNN $1,000
8 weeks provided by Franchisor,
The business was founded in 2010, making the business 12 years old.
The company has 12 PT employees and resides in a building with disclosed square footage of N/A sq ft.
The property is leased by the business for $2,930 per Month
Why is the Current Owner Selling The Business?
There are all sorts of reasons why individuals decide to sell operating businesses. Nevertheless, the real factor vs the one they say to you may be 2 absolutely different things. As an example, they may claim "I have way too many various commitments" or "I am retiring". For many sellers, these factors are valid. But, for some, these may simply be justifications to attempt to hide the reality of transforming demographics, increased competitors, current decrease in incomes, or an array of other factors. This is why it is very vital that you not rely totally on a seller's word, however instead, use the vendor's solution along with your general due diligence. This will repaint a much more reasonable image of the business's present situation.
Existing Debts and Future Obligations
If the existing business is in debt, which numerous businesses are, then you will certainly have reason to consider this when valuating/preparing your offer. Numerous businesses finance loans in order to cover items like supplies, payroll, accounts payable, so on and so forth. Bear in mind that sometimes this can imply that profit margins are too small. Numerous businesses fall under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may also be future commitments to take into consideration. There may be an outstanding lease on tools or the building where the business resides. The business might have existing agreements with suppliers that need to be met or may result in penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
How do companies in the area bring in new consumers? Many times, businesses have repeat consumers, which develop the core of their day-to-day revenues. Particular variables such as new competition sprouting up around the area, roadway building, as well as staff turnover can impact repeat clients and adversely influence future earnings. One important point to take into consideration is the area of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Obviously, the more individuals that see the business regularly, the greater the chance to develop a returning customer base. A last thought is the basic area demographics. Is the business located in a densely populated city, or is it located on the edge of town? Just how might the neighborhood average house earnings influence future earnings prospects?