Listing ID: 77270
This is a profitable established Dog Haus franchised fast casual cafe specializing in proprietary hot dogs sausages, burgers and other casual items and craft beers. Open since 2016 in the highest traffic shopping entertainment in its market.
Size: Approximately 2,424 SF + outdoor patio. Seller motivated has other interests.
The owner is simi-absentee. There is a full time manager on site.
This franchise has created three very successful virtual brands which have contributed to the increase in cash flow. Catering to local area businesses is well established already and should continue to grow as we work ourselves out of COVID. New major promotion with Impossible Foods with items developed exclusively for Dog Haus.
This sale is highly confidential. Please do not talk to the employees as they do not know the business is for sale. Contact broker for more informaiton.
Lease: Until May 2026 + two (2) five year options
Monthly Rent: $13,894.72 including NNN
Size: Approximately 2,424 SF + outdoor patio.
- Asking Price: $115,000
- Cash Flow: $103,311
- Gross Revenue: $1,389,600
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2016
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:2,424
- Lot Size:N/A
- Total Number of Employees:N/A
- Furniture, Fixtures and Equipment:N/A
Full open kitchen + outdoor patio.
Yes. Franchisor will train new buyer and offer support.
Seller has been completely absentee due to full time job and is very motivated
This Dog Haus is located within walking distance to IN/OUT Burger and other high volume chain restaurants and major entertainment in large shopping complex.
Impossible Foods is launching a major promotion with Dog Haus with products developed exclusively for Dog Haus.
The company was started in 2016, making the business 6 years old.
The real estate is leased by the company for $13,894 per Month
Why is the Current Owner Selling The Business?
There are all sorts of reasons why individuals choose to sell operating businesses. Nevertheless, the true reason and the one they tell you may be 2 entirely different things. As an example, they might say "I have way too many various responsibilities" or "I am retiring". For lots of sellers, these reasons stand. But also, for some, these might simply be excuses to attempt to conceal the reality of transforming demographics, increased competitors, current reduction in earnings, or an array of other reasons. This is why it is very crucial that you not rely completely on a vendor's word, yet instead, use the seller's answer along with your overall due diligence. This will paint a much more realistic image of the business's current circumstance.
Existing Debts and Future Obligations
If the existing business is in debt, which many companies are, then you will certainly need to consider this when valuating/preparing your deal. Lots of operating businesses borrow money in order to cover points like supplies, payroll, accounts payable, etc. Keep in mind that sometimes this can indicate that earnings margins are too thin. Many companies fall under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may likewise be future commitments to take into consideration. There may be an outstanding lease on tools or the building where the business resides. The business might have existing agreements with suppliers that should be met or may lead to charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do businesses in the area bring in new customers? Most times, businesses have repeat customers, which form the core of their daily revenues. Particular variables such as new competitors growing up around the location, road building and construction, and also personnel turn over can influence repeat consumers and adversely impact future incomes. One essential point to take into consideration is the location of the business. Is it in a highly trafficked shopping mall, or is it hidden from the highway? Undoubtedly, the more people that see the business on a regular basis, the better the chance to develop a returning consumer base. A final thought is the basic area demographics. Is the business located in a densely populated city, or is it located on the outside border of town? Exactly how might the regional average family income influence future revenue prospects?