Listing ID: 75098
This is the top restaurant hood cleaning businesses in the state of Arizona!! They service top notch businesses Casinos Franchise Chains and Popular Independent Restaurants! The company has a stellar reputation. It is an extremely professional and organized operation! This is a fantastic opportunity
- Asking Price: $1,250,000
- Cash Flow: $120,000
- Gross Revenue: $580,000
- EBITDA: N/A
- FF&E: $150,000
- Inventory: $5,000
- Inventory Included: N/A
- Established: 2011
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:2,500
- Lot Size:N/A
- Total Number of Employees:6
- Furniture, Fixtures and Equipment:N/A
Very nice clean facility plenty of storage and work space front office is impeccable
owners are willing to train for 30days
The Company is strongly positioned in the market with a resume of work for major fast food franchises resorts casinos high end restaurants and mom/pops. They have a reputation that should make major growth easy!
All restaurants with hood must get them cleaned on a regular basis as regulated by the city and fire department! The amount of potential business is virtually limitless!
The business was started in 2011, making the business 11 years old.
The sale shall not include inventory valued at $5,000*, which ins't included in the suggested price.
The company has 6ft employees and is located in a building with disclosed square footage of 2,500 sq ft.
The property is leased by the business for $2,752 per Month
Why is the Current Owner Selling The Business?
There are all types of reasons why people choose to sell operating businesses. However, the true factor vs the one they say to you may be 2 completely different things. For instance, they may claim "I have way too many other obligations" or "I am retiring". For lots of sellers, these factors are valid. However, for some, these may just be justifications to try to conceal the reality of changing demographics, increased competition, current reduction in profits, or a variety of various other factors. This is why it is very important that you not rely completely on a seller's word, yet instead, make use of the seller's response together with your general due diligence. This will paint a much more realistic picture of the business's current circumstance.
Existing Debts and Future Obligations
If the current business is in debt, which numerous companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Lots of operating businesses finance loans in order to cover points such as stock, payroll, accounts payable, and so on. Remember that occasionally this can indicate that earnings margins are too tight. Numerous organisations fall under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may additionally be future commitments to consider. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with suppliers that must be met or might cause penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do businesses in the area bring in new clients? Many times, businesses have repeat customers, which develop the core of their everyday earnings. Certain elements such as brand-new competition growing up around the location, road building and construction, and also employee turn over can impact repeat customers and also negatively affect future incomes. One vital thing to consider is the placement of the business. Is it in a very trafficked shopping mall, or is it concealed from the main road? Certainly, the more individuals that see the business on a regular basis, the higher the opportunity to develop a returning consumer base. A last idea is the basic location demographics. Is the business located in a densely inhabited city, or is it located on the edge of town? Just how might the regional typical house earnings influence future revenue potential?