Listing ID: 81346
Business Overview
Ready for franchising! Earn over $700,000 per year with only $300,000 down. This is the perfect opportunity for an entrepreneur looking for a successful & profitable restaurant concept. This Fast Casual Chain is not only poised to grow but has the potential to be franchised both regionally and nationwide. Focused on a Healthy Menu, this is a very profitable business with outstanding reviews, is turnkey and fully staffed.
• 2 Locations in the Stable and Growing Health Oriented; Fast Casual Restaurant Industry
• All Pre-Franchise Work has been completed – Ready to Grow through Franchising
• Extremely Profitable with 2022 Profits expected to exceed 2021
• Almost 10 Years of Operating History in the Las Vegas Market
• A Highly Experienced Team and Management in Place
• High Margins and History of Consistent Profitability
• An Owner Operator should be able to Net over $710,000 per year
• Turn-Key Operations and Fully Staffed with Committed Employees
• Huge Upside Potential due to Demand in the Las Vegas Market and Beyond for both Free Standing locations and the potential for Cook from Scratch Meal Prep Service and Delivery
• Seller willing to Train, Consult and Ensure Smooth Transition
• Outstanding Reputation
• Las Vegas is continuing to Grow in 2022 with the recent opening of Circa Resort, Virgin Hotels, Allegiant Stadium, Resorts World, the Convention Center Expansion and the continued construction on the MSG Sphere Entertainment Venue & the Fontainebleau resort.
For more information including a detailed confidential opportunity summary with financial information and photos, please call Alan Horwitz with Sunbelt Business Brokers at 702-714-0229 or email for a non-disclosure agreement to quickly receive the package at lvbusinessbroker@gmail.com NV license # 54316, Business Broker Lic. # 13
Financial
- Asking Price: $2,100,000
- Cash Flow: $714,000
- Gross Revenue: $2,122,000
- EBITDA: N/A
- FF&E: $220,000
- Inventory: $8,000
- Inventory Included: Yes
- Established: 2014
Detailed Information
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:1,500
- Lot Size:N/A
- Total Number of Employees:24
- Furniture, Fixtures and Equipment:N/A
80 hours over 4 weeks
Seller needing more flexibility in travel schedule
Additional Info
The business was started in 2014, making the business 8 years old.
The sale will include inventory valued at $8,000, which is included in the asking price.
The business has 24 employees and resides in a building with approx. square footage of 1,500 sq ft.
The real estate is leased by the business for $0.00
Why is the Current Owner Selling The Business?
There are all sorts of reasons people resolve to sell operating businesses. Nonetheless, the genuine factor and the one they tell you might be 2 totally different things. For instance, they might say "I have way too many various obligations" or "I am retiring". For many sellers, these reasons stand. But, for some, these might simply be excuses to try to conceal the reality of altering demographics, increased competitors, current reduction in earnings, or an array of various other reasons. This is why it is extremely essential that you not count totally on a seller's word, but rather, use the vendor's answer together with your total due diligence. This will paint a more realistic image of the business's current situation.
Existing Debts and Future Obligations
If the existing business is in debt, which many companies are, then you will certainly need to consider this when valuating/preparing your deal. Numerous operating businesses finance loans so as to cover items like inventory, payroll, accounts payable, etc. Keep in mind that occasionally this can mean that earnings margins are too thin. Many companies fall under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may additionally 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 agreements with vendors that should be fulfilled or may lead to fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do companies in the location draw in brand-new customers? Most times, operating businesses have repeat consumers, which form the core of their everyday revenues. Specific aspects such as brand-new competition growing up around the location, road building and construction, and also personnel turn over can impact repeat consumers and also adversely impact future profits. One crucial point to take into consideration is the location of the business. Is it in an extremely trafficked shopping center, or is it hidden from the main road? Obviously, the more individuals that see the business regularly, the better the chance to build a returning client base. A final thought is the basic location demographics. Is the business located in a largely populated city, or is it located on the edge of town? How might the neighborhood average household income impact future earnings prospects?
