Listing ID: 77565
This global desert franchise brand has grown significantly grown in the last few years primarily due to their product innovation and quality. This is an opportunity to become a franchisor with various franchisees across the U.S. and five countries. This franchisor has built an enormous reputation and has a fantastic brand. This is an opportunity to grow more stores as this franchisor receives franchise requests globally. Established management team is in place to run the ongoing franchise operations.
This business is great for a new owner who is looking to operate a globally recognized franchise or an existing franchisor who is looking to grow through an acquisition. The owner is willing to work alongside buyer for a successful transition.
This is a highly confidential sale so the buyer needs to complete a NDA and Buyer profile before any information can be disclosed to the buyers
- Asking Price: $2,300,000
- Cash Flow: N/A
- Gross Revenue: $2,473,900
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: N/A
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:8
- Furniture, Fixtures and Equipment:N/A
Why is the Current Owner Selling The Business?
There are all types of reasons why individuals decide to sell operating businesses. Nonetheless, the genuine reason vs the one they tell you might be 2 totally different things. As an example, they might state "I have too many other responsibilities" or "I am retiring". For numerous sellers, these factors are valid. However, for some, these might simply be reasons to attempt to hide the reality of altering demographics, increased competitors, recent decrease in earnings, or a range of various other reasons. This is why it is very vital that you not rely completely on a seller's word, yet rather, make use of the vendor's response together with your general due diligence. This will repaint an extra reasonable picture of the business's current scenario.
Existing Debts and Future Obligations
If the current company is in debt, which many companies are, then you will have reason to consider this when valuating/preparing your offer. Many businesses borrow money so as to cover things such as inventory, payroll, accounts payable, and so on. Remember that sometimes this can imply that earnings margins are too thin. Lots of companies fall under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may additionally be future commitments to take into consideration. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing agreements with vendors that should be met or may cause fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do companies in the location attract brand-new consumers? Many times, businesses have repeat clients, which create the core of their everyday profits. Specific elements such as new competitors sprouting up around the location, road construction, as well as staff turn over can affect repeat clients as well as negatively affect future profits. One important point to think about is the area of the business. Is it in a very trafficked shopping center, or is it hidden from the highway? Undoubtedly, the more people that see the business often, the higher the chance to construct a returning client base. A last idea is the general area demographics. Is the business placed in a largely inhabited city, or is it located on the outskirts of town? Just how might the regional typical household earnings effect future revenue potential?