Listing ID: 74917
Well established Thai cuisine located in the South East Valley of Maricopa County. Very profitable business opportunity. For more info call GoldStar Business Brokers.
- Asking Price: $159,000
- Cash Flow: $76,000
- Gross Revenue: $612,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: $10,000
- Inventory Included: N/A
- Established: 2008
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:2
- Furniture, Fixtures and Equipment:N/A
1400 s.f. facility
Too much to handle
The company was established in 2008, making the business 14 years old.
The transaction won't include inventory valued at $10,000*, which ins't included in the listing price.
Why is the Current Owner Selling The Business?
There are all types of reasons individuals decide to sell companies. Nevertheless, the real reason vs the one they say to you may be 2 completely different things. As an example, they may claim "I have a lot of various responsibilities" or "I am retiring". For numerous sellers, these reasons stand. But also, for some, these may just be justifications to attempt to hide the reality of altering demographics, increased competitors, recent reduction in revenues, or a variety of other reasons. This is why it is really important that you not depend entirely on a vendor's word, yet rather, use the seller's solution in conjunction with your general due diligence. This will paint a more reasonable picture of the business's existing circumstance.
Existing Debts and Future Obligations
If the existing entity is in debt, which lots of companies are, then you will certainly need to consider this when valuating/preparing your deal. Numerous businesses take out loans with the purpose of covering things like stock, payroll, accounts payable, etc. Bear in mind that occasionally this can mean that earnings margins are too small. Numerous businesses fall into a revolving door of taking loans as a way to pay back other loans. Along with debts, there may additionally be future commitments to take into consideration. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with suppliers that should be met or might lead to fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the location bring in brand-new clients? Most times, businesses have repeat customers, which form the core of their daily revenues. Particular aspects such as new competitors sprouting up around the location, roadway construction, and also employee turnover can impact repeat clients as well as negatively affect future profits. One crucial thing to consider is the area of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the highway? Certainly, the more people that see the business on a regular basis, the greater the opportunity to build a returning client base. A last idea is the general location demographics. Is the business placed in a densely populated city, or is it located on the edge of town? Just how might the neighborhood typical home earnings influence future revenue potential?