Listing ID: 81158
Update-The price has been lowered to $220K and the seller will carry up to $80,000! This Little Caesars is a well established and profitable location. Little Caesars policy does not allow us to publish and financial information so please call, text or email for the full details. It is located in a high traffic, growing area. The store is super clean and does not require any remodeling. This store has been in business for 12 years. The store is semi-absentee, almost absentee so a working owner should be able to greatly increase sales and profits!
Become a Little Caesars franchisee and you can have the opportunity to grow and expand your business and income with multiple locations. Little Caesars offers one of the finest training programs in the franchise food business for new people and support after takeover. The Seller is also willing to provide training. This is a great opportunity to own one of the country’s favorite pizza restaurants!
Disclaimer: The information provided here is compiled from information obtained by the Seller(s). The broker or agent makes no representation as to its accuracy or reliability. Buyer(s) should rely upon their own verification & that of their financial &/or legal advisors with regard to this information. *EBITA shown is adjusted.
- Asking Price: $220,000
- Cash Flow: N/A
- Gross Revenue: $568,403
- EBITDA: $85,000
- FF&E: $100,000
- Inventory: $7,500
- Inventory Included: N/A
- Established: 2009
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:1,464
- Lot Size:N/A
- Total Number of Employees:7
- Furniture, Fixtures and Equipment:N/A
The restaurant is very clean and in great condition with updated equipment. It is located in a very well maintained shopping center.
Little Caesars offers one of the finest training and support programs in the business. The owner will help train also.
Little Caesars offers a quality product at a very affordable price with very little competition in that pizza space.
Little Caesars is always looking for owners that would like to grow and expand.
The company was founded in 2009, making the business 13 years old.
The sale shall not include inventory valued at $7,500*, which ins't included in the listing price.
The company has 7 employees and is located in a building with estimated square footage of 1,464 sq ft.
The building is leased by the company for $3,609 per Month
Why is the Current Owner Selling The Business?
There are all kinds of reasons why individuals resolve to sell operating businesses. Nonetheless, the genuine reason and the one they tell you might be 2 completely different things. For instance, they might say "I have way too many various obligations" or "I am retiring". For lots of sellers, these reasons stand. But also, for some, these may simply be justifications to try to hide the reality of changing demographics, increased competitors, recent decrease in earnings, or a range of other reasons. This is why it is very crucial that you not depend entirely on a vendor's word, but rather, make use of the seller's solution together with your general due diligence. This will paint an extra practical picture of the business's current scenario.
Existing Debts and Future Obligations
If the current company is in debt, which lots of companies are, then you will certainly need to consider this when valuating/preparing your deal. Many operating businesses take out loans in order to cover items such as inventory, payroll, accounts payable, so on and so forth. Bear in mind that sometimes this can imply that earnings margins are too thin. Many organisations come under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may likewise be future commitments to think about. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with suppliers that have to be satisfied or might lead to charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the location bring in new customers? Many times, businesses have repeat consumers, which develop the core of their everyday earnings. Specific factors such as brand-new competition sprouting up around the area, road construction, and personnel turnover can impact repeat consumers and also adversely impact future incomes. One crucial thing to take into consideration is the placement of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the highway? Undoubtedly, the more people that see the business on a regular basis, the greater the possibility to build a returning customer base. A last thought is the basic area demographics. Is the business situated in a densely inhabited city, or is it situated on the outskirts of town? Just how might the neighborhood median home earnings impact future earnings potential?