Listing ID: 73631
Located in an affluent area of Northern Pinellas County, this fast casual, HEALTHY food concept is the talk of the community. Seating for approx 20 inside and approx 50 outside with plenty of parking. This place is Gorgeous!!!
Chef inspired, Serving farm FRESH, organic, hormone and antibiotic free food for a healthy lifestyle. (100% Gluten Free). Simply said HEALTHY GOOD FOOD !!! People are looking for a healthier food option because they know how important it is, more than ever now, to stay healthy.
Owner currently works the business however there are managers and key employees in place. This business runs like a machine. This is NOT a franchise, however it was created to be expanded and franchise very easily. Professionally designed of over $500,000 and very well branded which allows a new motivated owner to expand tremendously with Multi units. THIS IS A MULIT MILLION DOLLAR CONCEPT. Make a TON of money with this one store or create your own franchise empire!!!
The purchase will include the branding, manuals, website, recipes, buildout, long term lease, furniture, fixtures, equipment and the AMAZING customer base. Seller is willing to stay on as a consultant if needed And also assist in developing addiontal locations.
Current Numbers based on 2021 P&L annualized.
SELLER WILL SHOW FINANCIALS TO A SERIOUS BUYER ONLY. MUST SHOW PROOF OF FUNDS PRIOR TO RELEASING INFO.
*** SUBMIT YOUR INFORMATION THRU THE CONTACT SELLER SECTION***
We will not release any information unless there is a Non-disclosure signed with proof of funds. No Exceptions.
IMPORTANT NOTICE: This is an operating business being offered for sale “CONFIDENTIALLY”. Interested parties MUST fill out a Confidentiality Agreement AND a financial statement before any specific information, such as name and location of the business will be shared. NO EXCEPTIONS!
Information contained herein has been obtained from the Owner of the Property or from sources deemed reliable. We have no reason to doubt its accuracy but make no warranty or representation. All information is submitted subject to errors, omissions, changes, withdrawal without notice and any special listing conditions of the Owner.
- Asking Price: $649,000
- Cash Flow: $301,259
- Gross Revenue: $1,498,187
- EBITDA: N/A
- FF&E: $100,000
- Inventory: $10,000
- Inventory Included: Yes
- Established: 2020
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:2,000
- Lot Size:N/A
- Total Number of Employees:33
- Furniture, Fixtures and Equipment:N/A
Beautiful professional build out with top notch equipment
2 weeks at no cost to buyer
Open more locations
The business was established in 2020, making the business 2 years old.
The sale shall include inventory valued at $10,000, which is included in the suggested price.
The company has 33 employees and is situated in a building with disclosed square footage of 2,000 sq ft.
The building is leased by the company for $3,500 per Month
Why is the Current Owner Selling The Business?
There are all kinds of reasons people resolve to sell companies. Nonetheless, the real reason and the one they tell you may be 2 totally different things. For instance, they may say "I have a lot of various obligations" or "I am retiring". For many sellers, these reasons are valid. But also, for some, these might just be justifications to try to hide the reality of altering demographics, increased competitors, current reduction in revenues, or a range of various other reasons. This is why it is really vital that you not rely totally on a seller's word, yet rather, use the vendor's response combined with your overall due diligence. This will repaint an extra sensible picture of the business's present circumstance.
Existing Debts and Future Obligations
If the current entity is in debt, which lots of companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Numerous businesses borrow money with the purpose of covering points like supplies, payroll, accounts payable, so on and so forth. Remember that sometimes this can mean that profit margins are too tight. Numerous businesses fall under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may likewise be future obligations to consider. There might be an outstanding lease on tools or the building where the business resides. The business may have existing contracts with vendors that must be fulfilled or may cause charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do companies in the location draw in brand-new clients? Most times, companies have repeat consumers, which form the core of their day-to-day earnings. Specific factors such as brand-new competitors growing up around the area, roadway building, and personnel turn over can impact repeat customers and adversely impact future revenues. One important point to think about is the placement of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the highway? Clearly, the more individuals that see the business on a regular basis, the better the possibility to develop a returning consumer base. A final thought is the basic area demographics. Is the business located in a densely populated city, or is it located on the outside border of town? How might the local typical home income impact future earnings prospects?