Business Overview

Listing # – 5156 MA

Easy Mid-Eastern fast food, open 5 days closed on Saturdays & Sundays, and holidays.

Short hours, excellent location, no Beer and wine.

Simple menu. Serves falafel, Shawarma(Gyros), Kebob Salads, and Hummus.

The owner is a Real estate Broker who sells Homes and commercial properties.

The spouse runs the business full-time.

Expenses:
F.C 30%, Utilities includes electric and gas $ 700, w.c $175, Ins. $150, Tel. $150, Alarm $25.

Has seating inside 36 plus common area.

Close to a major Hospital and commercial and business area.

Does deliveries through Uber and Grubhub.

Financial

  • Asking Price: $370,000
  • Cash Flow: $144,000
  • Gross Revenue: $485,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: $8,000
  • Inventory Included: N/A
  • Established: 2011

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,400
  • Lot Size:N/A
  • Total Number of Employees:3
  • Furniture, Fixtures and Equipment:N/A
Purpose For Selling:

Retirement

Additional Info

The company was started in 2011, making the business 11 years old.
The sale doesn't include inventory valued at $8,000*, which ins't included in the listing price.

The business has 3 employees and is situated in a building with estimated square footage of 1,400 sq ft.
The property is leased by the company for $5,100 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons why individuals resolve to sell operating businesses. Nonetheless, the real reason and the one they say to you may be 2 absolutely different things. For instance, they may state "I have a lot of various commitments" or "I am retiring". For lots of sellers, these reasons are valid. However, for some, these might simply be excuses to attempt to hide the reality of changing demographics, increased competitors, current reduction in incomes, or a variety of other factors. This is why it is really essential that you not count totally on a vendor's word, yet instead, utilize the seller's response along with your general due diligence. This will repaint a more reasonable picture of the business's existing situation.

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 offer. Numerous operating businesses finance loans so as to cover things like inventory, payroll, accounts payable, and so on. Remember that in some cases this can mean that revenue margins are too tight. Many businesses 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 obligations to take into consideration. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with suppliers that need to be met or may lead to penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the location draw in new consumers? Most times, companies have repeat consumers, which develop the core of their daily profits. Particular factors such as new competition sprouting up around the location, road construction, and also staff turnover can influence repeat clients and negatively influence future revenues. One essential point to consider is the placement of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the highway? Obviously, the more individuals that see the business often, the higher the opportunity to construct a returning consumer base. A final idea is the basic location demographics. Is the business located in a largely inhabited city, or is it situated on the outskirts of town? How might the regional average home earnings effect future income prospects?