Business Overview

Owner relocating , good food , fast food ,quick sevice.

Financial

  • Asking Price: $99,999
  • Cash Flow: $105,600
  • Gross Revenue: $420,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: $3,000
  • Inventory Included: Yes
  • Established: 2019

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,300
  • Lot Size:N/A
  • Total Number of Employees:3
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

High Traffic, on two main streets

Is Support & Training Included:

1 week training

Purpose For Selling:

Relocating

Pros and Cons:

Prime Location ,good parking

Opportunities and Growth:

Can extend hours

Additional Info

The business was established in 2019, making the business 3 years old.
The transaction will include inventory valued at $3,000, which is included in the requested price.

The business has 3 employees and resides in a building with approx. square footage of 1,300 sq ft.
The building is leased by the company for $3,400 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons individuals choose to sell businesses. However, the true factor and the one they say to you may be 2 completely different things. As an example, they may claim "I have way too many other commitments" or "I am retiring". For numerous sellers, these reasons stand. But, for some, these may just be reasons to attempt to hide the reality of transforming demographics, increased competition, current reduction in incomes, or a variety of other reasons. This is why it is extremely vital that you not count totally on a vendor's word, yet rather, utilize the seller's answer in conjunction with your overall due diligence. This will repaint an extra sensible picture of the business's present situation.

Existing Debts and Future Obligations

If the existing company is in debt, which many companies are, then you will need to consider this when valuating/preparing your deal. Many operating businesses take out loans with the purpose of covering things like supplies, payroll, accounts payable, so on and so forth. Keep in mind that sometimes this can mean that earnings margins are too small. Many companies fall under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may additionally be future commitments to take into consideration. There may be an outstanding lease on equipment or the structure where the business resides. The business might have existing agreements with suppliers that must be met or may cause fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the area bring in brand-new consumers? Often times, companies have repeat customers, which create the core of their everyday profits. Certain variables such as new competition growing up around the area, roadway construction, and personnel turn over can influence repeat consumers as well as negatively affect future revenues. One vital point to take into consideration is the area of the business. Is it in an extremely trafficked shopping center, or is it concealed from the highway? Undoubtedly, the more people that see the business often, the better the opportunity to construct a returning consumer base. A final thought is the basic location demographics. Is the business placed in a densely populated city, or is it located on the edge of town? Exactly how might the neighborhood typical family income influence future revenue prospects?