Business Overview

Revenues are up at this profitable, transparent, nutrition packed community favorite with a loyal following. Different food options are fresh, and made to order that both tastes and looks great. Fantastic, well thought out interior and intelligent design enables small business meetings and college students visits. Great location, superb customer service, and a business model that is highly successful. For additional information please contact listing agent Thomas Vondell at 845-389-2599 or tomvondell@fcbb.com.

Financial

  • Asking Price: $350,000
  • Cash Flow: $124,591
  • Gross Revenue: $670,051
  • EBITDA: N/A
  • FF&E: $61,844
  • Inventory: $11,136
  • Inventory Included: Yes
  • Established: 2017

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:2,750
  • Lot Size:N/A
  • Total Number of Employees:15
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

This is a leased location of 2,750 square feet with a Total Rent of $5,000. Lease ends 8/2025 with one 3 year lease option. Seller is active in the business with 2 FT employees and 13 PT employees. Hours of operation are 8-7 M-F, 9-6 Sat, 9-5 Sun. $11,136 in Inventory and $61,844 in FF&E included in Asking Price. $236,306 made in Leasehold Improvements.

Purpose For Selling:

Relocating out of state

Additional Info

The venture was established in 2017, making the business 5 years old.
The transaction does include inventory valued at $11,136, which is included in the requested price.

The business has 15 employees and is situated in a building with approx. square footage of 2,750 sq ft.
The property is leased by the company for $5,000 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons why individuals decide to sell businesses. However, the real factor and the one they tell you might be 2 entirely different things. For instance, they might state "I have way too many other commitments" or "I am retiring". For lots of sellers, these factors are valid. But also, for some, these may just be justifications to attempt to hide the reality of changing demographics, increased competitors, current decrease in incomes, or a range of other factors. This is why it is really important that you not rely completely on a seller's word, but instead, utilize the vendor's solution together with your overall due diligence. This will repaint an extra practical image of the business's current scenario.

Existing Debts and Future Obligations

If the existing entity is in debt, which numerous companies are, then you will need to consider this when valuating/preparing your offer. Lots of companies borrow money in order to cover things such as supplies, payroll, accounts payable, and so on. Remember that occasionally this can imply that earnings margins are too tight. Lots of companies come under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may additionally be future obligations to consider. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing contracts with suppliers that should be fulfilled or might lead to charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the area bring in brand-new customers? Many times, businesses have repeat clients, which create the core of their day-to-day revenues. Particular factors such as brand-new competitors sprouting up around the location, road building, as well as employee turnover can influence repeat consumers and also adversely influence future profits. One essential thing to take into consideration is the location of the business. Is it in a highly trafficked shopping mall, or is it hidden from the main road? Undoubtedly, the more people that see the business regularly, the better the opportunity to construct a returning client base. A final idea is the general location demographics. Is the business located in a densely populated city, or is it situated on the outside border of town? How might the neighborhood median house earnings effect future income prospects?