Listing ID: 80583
We are the only snack kiosk inside the Ka Makana kana Alii mall. We have a prime location and all equipment and set up is fully relocatable. Profitable retail snack kiosk that has an established leased space, but the new owner may relocate or continue with the current lease.
Xtreme Snack Shack is proud to serve fresh-squeezed, hand-shaken lemonade. They are made with real lemons and made to order. We offer our original lemonade, or customers can choose a flavor: strawberry, mango, or lilikoi. We also offer a specialty drink, The Sunset Breeze. (Which is quickly becoming our local favorite.)The Sunset Breeze is made with a fresh-squeezed sweet navel orange as opposed to a lemon with strawberry puree flavoring. (mango and lilikoi can be substituted). We also offer smoked turkey legs, roasted corn with a seasoning bar, and churros!
- Asking Price: $29,888
- Cash Flow: $22,000
- Gross Revenue: $121,414
- EBITDA: N/A
- FF&E: $50,000
- Inventory: $4,200
- Inventory Included: Yes
- Established: 2017
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:60
- Lot Size:N/A
- Total Number of Employees:1
- Furniture, Fixtures and Equipment:N/A
60 Sf. along the busy stretch of Ka Makana Alii shopping center. Shopping center opened in 2017 and the Snack Shack is the only food kiosk in the area.
2 weeks at 10 hour per.
New business venture
The only competition is the mall food court.
Relocate to lower rent and expand offerings or consider more profitable snack and juice bar offerings.
The business was started in 2017, making the business 5 years old.
The deal will include inventory valued at $4,200, which is included in the asking price.
The business has 1 employees and resides in a building with approx. square footage of 60 sq ft.
The property is leased by the business for $3,500 per Month
Why is the Current Owner Selling The Business?
There are all sorts of reasons individuals choose to sell operating businesses. However, the true reason vs the one they tell you might be 2 absolutely different things. As an example, they might state "I have too many other commitments" or "I am retiring". For numerous sellers, these factors are valid. But, for some, these might simply be justifications to attempt to hide the reality of changing demographics, increased competition, recent decrease in incomes, or a variety of other reasons. This is why it is very important that you not rely totally on a vendor's word, however rather, utilize the vendor's solution in conjunction with your general due diligence. This will repaint a much more sensible image of the business's current situation.
Existing Debts and Future Obligations
If the existing business is in debt, which numerous businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Lots of businesses take out loans so as to cover points like stock, payroll, accounts payable, and so on. Keep in mind that in some cases this can suggest that revenue margins are too thin. Numerous businesses come under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may likewise be future obligations to consider. There might be an outstanding lease on tools or the building where the business resides. The business may have existing contracts with suppliers that need to be satisfied or might lead to charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the area attract brand-new consumers? Many times, businesses have repeat consumers, which create the core of their everyday revenues. Particular variables such as new competition growing up around the location, roadway building, and also personnel turnover can impact repeat consumers and also negatively impact future incomes. One important point to take into consideration is the placement of the business. Is it in a highly trafficked shopping mall, or is it concealed from the main road? Clearly, the more people that see the business on a regular basis, the greater the chance to develop a returning consumer base. A last idea is the general area demographics. Is the business located in a largely populated city, or is it situated on the edge of town? How might the local median household earnings effect future revenue prospects?