Listing ID: 74744
SHARE THE HEALTH! This well established and popular juice and smoothie franchise in Northern Arizona is located in a very busy power center in one of the fastest growing areas of the state. Fully built-out and totally equipped 1,100 SF of space with a drive-thru and pick up window and plenty of parking. A very reasonable rent rate is available with a new lease. Current owner is semi-absentee and looking to retire. This business is sure to grow with the tremendous increasing demographics and development in the area. Priced to sell $90,000. #3062
- Asking Price: $90,000
- Cash Flow: $50,000
- Gross Revenue: $400,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2012
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:5
- Furniture, Fixtures and Equipment:N/A
Facilities Sq. Ft.: 1,100 Lot Sq. Ft.: Common Area Parking: Common Area Seating: 9 indoor/2 patio Total Monthly Rent: $1,760 Lease Expiration Date: Negotiable Lease Deposit: 1 Month Renewal Options: Negotiable
Other Business Interests
The company was established in 2012, making the business 10 years old.
Why is the Current Owner Selling The Business?
There are all kinds of reasons individuals choose to sell operating businesses. However, the true factor vs the one they tell you may be 2 completely different things. As an example, they might say "I have way too many other commitments" or "I am retiring". For many sellers, these reasons stand. However, for some, these might just be justifications to attempt to hide the reality of altering demographics, increased competitors, recent reduction in incomes, or an array of other factors. This is why it is very essential that you not rely completely on a vendor's word, but rather, make use of the seller's response in conjunction with your general due diligence. This will paint a more reasonable picture of the business's current scenario.
Existing Debts and Future Obligations
If the existing entity is in debt, which lots of businesses are, then you will need to consider this when valuating/preparing your deal. Lots of businesses borrow money with the purpose of covering items like stock, payroll, accounts payable, and so on. Bear in mind that occasionally this can imply that profit margins are too thin. Numerous organisations fall into a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may likewise be future commitments 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 met or may lead to penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the location attract new consumers? Many times, companies have repeat clients, which create the core of their day-to-day revenues. Certain factors such as new competition sprouting up around the location, roadway building, and staff turnover can affect repeat consumers as well as negatively influence future incomes. One important point to think about is the area of the business. Is it in a highly trafficked shopping mall, or is it concealed from the main road? Obviously, the more people that see the business often, the greater the chance to construct a returning client base. A final thought is the basic location demographics. Is the business situated in a densely inhabited city, or is it located on the edge of town? How might the neighborhood typical family income influence future revenue prospects?