Listing ID: 77110
Branded burger restaurant for sale in Sacramento County. The shop is clean and has a very modern and cool decor. As you walk in , one can see The dining room is spacious, comfortable, and very instagramable. There are the video monitors, which promote various offerings. They are “hi-tech” all the way, as everything from the menu to the kitchen is computerized and on a LED monitor. Approximately 2000 sq ft with 80 seating capacity. Lease amount is $5881.46 which covers water, garbage, CAM and property tax. Gross sales in 2021 is $451,000. Beer and wine license included. May not do yogurt, pizza, lumpia (filipino), falafel, wings. Some of the equipment included are 10 feet type 1 hood, walk in cooler, walk in freezer, 6 beer tap system, deep fryer, charbroil grill, flat top grill, 3-door under the counter prep table, ice machine, glo-ray machine, soup warmer, ice cream chest freezer and more
- Asking Price: $360,000
- Cash Flow: N/A
- Gross Revenue: $451,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: $10,000
- Inventory Included: N/A
- Established: N/A
has other interest
The sale shall not include inventory valued at $10,000*, which ins't included in the requested price.
The building is leased by the business for $5,881.46 per Month
Why is the Current Owner Selling The Business?
There are all types of reasons why people decide to sell companies. Nevertheless, the true reason and the one they tell you might be 2 entirely different things. For instance, they might claim "I have a lot of other obligations" or "I am retiring". For numerous sellers, these factors are valid. But also, for some, these might just be reasons to attempt to hide the reality of changing demographics, increased competitors, current decrease in profits, or a variety of other factors. This is why it is extremely vital that you not rely entirely on a seller's word, yet rather, use the vendor's response along with your overall due diligence. This will paint an extra realistic picture of the business's current situation.
Existing Debts and Future Obligations
If the current business is in debt, which numerous businesses are, then you will need to consider this when valuating/preparing your deal. Many companies take out loans with the purpose of covering things like stock, payroll, accounts payable, etc. Remember that sometimes this can imply that earnings margins are too thin. Lots of organisations come under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may also be future commitments to think about. There might be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with vendors that should be satisfied or may result in penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the location bring in brand-new customers? Often times, operating businesses have repeat clients, which develop the core of their day-to-day earnings. Specific elements such as new competitors sprouting up around the location, roadway building, and staff turn over can influence repeat clients as well as negatively impact future profits. One crucial point to think about is the location of the business. Is it in an extremely trafficked shopping center, or is it hidden from the main road? Undoubtedly, the more individuals that see the business often, the greater the possibility to build a returning client base. A last idea is the general area demographics. Is the business situated in a densely populated city, or is it located on the outskirts of town? Just how might the neighborhood mean house earnings impact future income potential?