Listing ID: 80508

Business Overview

ONE OF “THE MOST SUCCESSFUL FRANCHISES IN THE INDUSTRY”!

Easy Money Maker! Easy to Run! Priced to Sell!

This franchise is priced under value and has been reduced to sell! Excellent opportunity for the right buyer!

Sale Price: Priced under value
Revenue: $360,000
Cash Flow: $120,000
Rent: $4762.67/month

General:
Established 2005
The current owner bought the business in 2018
3 employees (2 full time, 1 part-time)
Restaurant Capacity: 45 people can dine at one time
Hours of Operation: 84 hours per week

Transition
The owner is willing to assist in the transition.

Financial

  • Asking Price: $250,000
  • Cash Flow: $120,000
  • Gross Revenue: $360,000
  • EBITDA: N/A
  • FF&E: $150,000
  • Inventory: $1,000
  • Inventory Included: N/A
  • Established: 2005

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,600
  • Lot Size:N/A
  • Total Number of Employees:3
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Strip Center

Is Support & Training Included:

As needed.

Purpose For Selling:

Moving out of the country.

Pros and Cons:

This is a "Well" established location One of the most successful franchise organizations in the country A highly stable brand with a very low failure rate Relatively low investment Very Well known brand name Predictable and stable income

Opportunities and Growth:

There are new apartments being built that should add to the traffic near the restaurant. The next owner could expand on the catering opportunities.

Additional Info

The venture was founded in 2005, making the business 17 years old.
The deal won't include inventory valued at $1,000*, which ins't included in the asking price.

The business has 3 employees and resides in a building with estimated square footage of 1,600 sq ft.
The property is leased by the company for $4,762.67 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons why individuals choose to sell companies. However, the genuine reason and the one they say to you might be 2 absolutely different things. As an example, they may say "I have way too many various commitments" or "I am retiring". For numerous sellers, these factors are valid. But also, for some, these might simply be justifications to try to hide the reality of altering demographics, increased competition, recent reduction in incomes, or a variety of various other reasons. This is why it is extremely crucial that you not depend absolutely on a seller's word, however instead, make use of the vendor's response together with your general due diligence. This will paint an extra reasonable picture of the business's present situation.

Existing Debts and Future Obligations

If the current company is in debt, which lots of businesses are, then you will need to consider this when valuating/preparing your deal. Lots of operating businesses take out loans with the purpose of covering items such as inventory, payroll, accounts payable, and so on. Remember that in some cases this can indicate that revenue margins are too small. Lots of companies come under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may also be future commitments to consider. There might be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with suppliers that should be met or may lead to fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the area draw in brand-new clients? Often times, operating businesses have repeat customers, which develop the core of their daily earnings. Certain aspects such as new competitors growing up around the area, roadway construction, as well as employee turnover can influence repeat consumers and negatively affect future incomes. One essential thing to consider is the placement of the business. Is it in a very trafficked shopping mall, or is it concealed from the highway? Obviously, the more people that see the business often, the greater the chance to construct a returning client base. A final idea is the basic area demographics. Is the business located in a largely populated city, or is it situated on the edge of town? Just how might the local median household earnings effect future earnings potential?