Business Overview

Newly renovated restaurant for someone looking for a fresh business opportunity. This restaurant is located in West St. Louis county and is fully furnished with updated fixtures & equipment. It is currently Mediterranean style but could fit most fast casual or quick service concepts. You could make this place your own today.

Please call Kim Wright at 314-614-9975 or email her at kwright@fusionadvantage.com to learn more about this opportunity. Please reference ID#1083KW.

Financial

  • Asking Price: $129,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: $65,000
  • Inventory: $5,000
  • Inventory Included: N/A
  • Established: 2016

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,400
  • Lot Size:N/A
  • Total Number of Employees:5
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Yes

Purpose For Selling:

Other business opportunities

Additional Info

The venture was founded in 2016, making the business 6 years old.
The transaction shall not include inventory valued at $5,000*, which ins't included in the listing price.

The business has 5 employees and resides in a building with disclosed square footage of 1,400 sq ft.
The real estate is leased by the business for $2,495 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons people resolve to sell operating businesses. Nevertheless, the true factor and the one they tell you might be 2 totally different things. As an example, they might claim "I have too many other responsibilities" or "I am retiring". For numerous sellers, these factors stand. But, for some, these might simply be reasons to attempt to conceal the reality of transforming demographics, increased competitors, recent decrease in incomes, or an array of various other reasons. This is why it is extremely crucial that you not count completely on a seller's word, yet instead, utilize the seller's solution in conjunction with your general due diligence. This will repaint a much more realistic image of the business's current circumstance.

Existing Debts and Future Obligations

If the current company is in debt, which numerous businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Lots of companies finance loans with the purpose of covering items like stock, payroll, accounts payable, and so on. Keep in mind that in some cases this can suggest that earnings margins are too thin. Lots of companies fall under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may likewise be future obligations 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 vendors that need to be met or may cause fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the location bring in new consumers? Many times, operating businesses have repeat clients, which create the core of their day-to-day revenues. Specific variables such as new competition sprouting up around the location, road building and construction, as well as personnel turnover can affect repeat clients and adversely affect future incomes. One vital thing to take into consideration is the placement of the business. Is it in a highly trafficked shopping mall, or is it hidden from the main road? Obviously, the more people that see the business on a regular basis, the higher the chance to construct a returning consumer base. A final thought is the general location demographics. Is the business situated in a largely inhabited city, or is it located on the outside border of town? Exactly how might the neighborhood median family earnings impact future revenue prospects?