Business Overview

One of the fastest growing franchises on the east and west coast. This location has had 30% growth over the past three years without the owner’s full attention. Make it yours, take the growth to the next level! For more information, call Dominic Consolino at 314.378.6031 or info@premierbb.com.

Financial

  • Asking Price: $250,000
  • Cash Flow: $97,285
  • Gross Revenue: $632,444
  • EBITDA: N/A
  • FF&E: $50,000
  • Inventory: $10,000
  • Inventory Included: N/A
  • Established: 2017

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:4
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Building Lease 1,425 sq. ft. @ $3,743 per month

Is Support & Training Included:

Yes

Purpose For Selling:

To devote more time to another location

Pros and Cons:

Other Restaurants

Additional Info

The venture was established in 2017, making the business 5 years old.
The deal doesn't include inventory valued at $10,000*, which ins't included in the suggested price.

Why is the Current Owner Selling The Business?

There are all types of reasons why people decide to sell operating businesses. Nevertheless, the genuine reason vs the one they say to you may be 2 absolutely different things. For instance, they might state "I have way too many various commitments" or "I am retiring". For lots of sellers, these factors are valid. But also, for some, these might simply be excuses to attempt to conceal the reality of transforming demographics, increased competition, recent reduction in incomes, or a range of other reasons. This is why it is very essential that you not rely absolutely on a seller's word, yet instead, utilize the vendor's response in conjunction with your overall due diligence. This will repaint an extra reasonable picture of the business's existing situation.

Existing Debts and Future Obligations

If the existing business is in debt, which lots of businesses are, then you will certainly have reason to consider this when valuating/preparing your offer. Many operating businesses finance loans so as to cover items such as stock, payroll, accounts payable, so on and so forth. Bear in mind that in some cases this can mean that profit margins are too tight. Many organisations come under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may also be future obligations to consider. There may be an outstanding lease on tools or the structure 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 businesses in the location attract brand-new customers? Most times, operating businesses have repeat customers, which develop the core of their everyday earnings. Particular elements such as new competitors growing up around the area, road building and construction, and also staff turnover can influence repeat customers as well as negatively influence future incomes. One important thing to consider is the placement of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the main road? Undoubtedly, the more people that see the business often, the greater the chance to construct a returning client base. A final thought is the general location demographics. Is the business located in a largely inhabited city, or is it located on the edge of town? How might the regional mean family income effect future revenue potential?