Business Overview

These 2 established and operating units are well-placed in Albuquerque to capture high-traffic and surrounded by retail and other business and personal traffic. The staff operate the units with owner providing oversight about 20 hours a week. Revenue is trending for $1.4MM annual sales and $158K EBITDA for an investing owner paying $60K to a general manager and allows for expansion within Albuquerque and across the state. Cash flow for owner taking the place of one manager and continuing current oversight, $251K. The highly-respected franchise has over 600 units nationally. There are low franchise transfer fees and reasonable frachise royalties. Unit managers are in place for operating 7-days a week. The price of $525,000 is less than the cost of opening 2 new units and includes the already fully equipped units.. Priced for a quick sale. Operating as routine, now opened up post COVID. Inquire about buying only one unit.

Financial

  • Asking Price: $525,000
  • Cash Flow: $251,000
  • Gross Revenue: $1,400,000
  • EBITDA: $158,000
  • FF&E: $275,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2019

Detailed Information

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

two leased locations in greater albuquerque area

Opportunities and Growth:

opportunities of multiple types across the market and nation

Additional Info

The company was founded in 2019, making the business 3 years old.

The building is leased by the business for $0.00

Why is the Current Owner Selling The Business?

There are all sorts of reasons people decide to sell businesses. Nevertheless, the real reason and the one they say to you may be 2 completely different things. As an example, they might say "I have way too many other responsibilities" or "I am retiring". For numerous sellers, these reasons are valid. However, for some, these might just be excuses to try to hide the reality of transforming demographics, increased competition, current decrease in profits, or an array of other reasons. This is why it is very vital that you not count totally on a vendor's word, but instead, make use of the vendor's response together with your total due diligence. This will paint an extra sensible picture of the business's present situation.

Existing Debts and Future Obligations

If the existing business is in debt, which numerous businesses are, then you will need to consider this when valuating/preparing your deal. Lots of companies borrow money so as to cover points such as supplies, payroll, accounts payable, so on and so forth. Remember that occasionally this can mean that earnings margins are too tight. Lots of organisations come under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may also be future obligations to consider. There may be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with suppliers that need to be satisfied or might result in fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the area attract new consumers? Many times, companies have repeat consumers, which form the core of their daily profits. Certain aspects such as new competition growing up around the location, roadway construction, and also staff turn over can impact repeat consumers as well as negatively influence future revenues. One essential point to think about is the area of the business. Is it in a very trafficked shopping center, or is it concealed from the main road? Certainly, the more individuals that see the business regularly, the better the chance to build a returning client base. A final thought is the general area demographics. Is the business situated in a largely populated city, or is it situated on the edge of town? Exactly how might the local mean family earnings impact future income prospects?