Business Overview

Check out this turn-key fast casual restaurant in Jefferson County!!!
Are you an energetic, hardworking, and experienced restaurant person looking for an opportunity to determine your own future? If so than this may be what you are looking for. The owners of this business have brought a proven concept to a fantastic building, in a prime location, but unfortunately, other obligations have prevented them from taking it to the next level. The sky is the limit here for someone willing to put in the necessary time and dedication. Already here to help you is a fantastic building on nearly 3 acres, a fully equipped kitchen and newly updated dining room. You will also benefit from a fully trained and professional staff and loyal area customers. Current owners will also provide training to insure a smooth transition.
For more information about this unique opportunity, please contact Dan Duffin at 314-651-6138 or danduffin@fusionadvantage.com and ask about ID#1073DK.

Financial

  • Asking Price: $599,000
  • Cash Flow: N/A
  • Gross Revenue: $300,000
  • EBITDA: N/A
  • FF&E: $80,000
  • Inventory: $8,500
  • Inventory Included: N/A
  • Established: 2019

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:3,650
  • Lot Size:N/A
  • Total Number of Employees:4
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Stand Alone Building High Traffic Count located on major roads and highways

Purpose For Selling:

Other Business Opportunities

Additional Info

The business was founded in 2019, making the business 3 years old.
The transaction doesn't include inventory valued at $8,500*, which ins't included in the asking price.

The company has 4 employees and resides in a building with estimated square footage of 3,650 sq ft.

Why is the Current Owner Selling The Business?

There are all kinds of reasons why individuals choose to sell businesses. Nevertheless, the true factor and the one they say to you might be 2 completely different things. As an example, they might claim "I have way too many various commitments" or "I am retiring". For lots of sellers, these factors are valid. However, for some, these might simply be reasons to try to conceal the reality of transforming demographics, increased competition, current decrease in earnings, or a variety of other factors. This is why it is very crucial that you not rely totally on a seller's word, however rather, make use of the vendor's answer combined with your general due diligence. This will paint a much more realistic picture of the business's current scenario.

Existing Debts and Future Obligations

If the existing business is in debt, which many businesses are, then you will certainly have reason to consider this when valuating/preparing your offer. Many businesses take out loans so as to cover points such as inventory, payroll, accounts payable, and so on. Keep in mind that occasionally this can mean that profit margins are too tight. Numerous companies fall under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may also be future commitments to take into consideration. There may be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with suppliers that should be satisfied or may cause penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do operating businesses in the area draw in brand-new consumers? Often times, businesses have repeat consumers, which develop the core of their day-to-day revenues. Certain aspects such as brand-new competition growing up around the location, roadway building and construction, as well as staff turnover can influence repeat clients and also adversely influence future revenues. One important point to take into consideration is the location of the business. Is it in a highly trafficked shopping center, or is it hidden from the main road? Certainly, the more individuals that see the business often, the greater the possibility to construct a returning consumer base. A final idea is the general area demographics. Is the business located in a largely inhabited city, or is it situated on the outside border of town? How might the regional typical family income impact future revenue potential?