Business Overview

With this newly established restaurant, and the build-out is complete. It’s only waiting for a new owner to come in and take over this turnkey restaurant. Are you a restaurateur, chef, caterer, and or baker looking for a new space? This is an ideal opportunity for you.
It has indoor seating with additional outdoor seating. Although located off a major highway there are not a lot of competitors in the area. Full kitchen is ready for use, keep the menu or walk in create your own.
Call Kim Wright 636-614-9975 or email at kwright@fusionadvantage.com about listing ID#1064KW

Financial

  • Asking Price: $89,000
  • Cash Flow: N/A
  • Gross Revenue: $250,000
  • EBITDA: N/A
  • FF&E: $89,000
  • Inventory: $6,500
  • Inventory Included: N/A
  • Established: N/A

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:10
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Training and support provided

Purpose For Selling:

Retirement and Health Issues

Additional Info

The transaction won't include inventory valued at $6,500*, which ins't included in the suggested price.

The business has 10 employees and resides in a building with approx. square footage of N/A sq ft.
The real estate is leased by the company for $0.00

Why is the Current Owner Selling The Business?

There are all types of reasons why people choose to sell operating businesses. Nevertheless, the true reason and the one they say to you may be 2 completely different things. As an example, they might claim "I have too many various commitments" or "I am retiring". For lots of sellers, these reasons are valid. But, for some, these might simply be justifications to try to conceal the reality of transforming demographics, increased competitors, current decrease in earnings, or a variety of various other reasons. This is why it is extremely essential that you not depend totally on a seller's word, however rather, utilize the vendor's answer together with your overall due diligence. This will repaint an extra reasonable picture of the business's current scenario.

Existing Debts and Future Obligations

If the existing company is in debt, which many businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Lots of operating businesses finance loans so as to cover things like supplies, payroll, accounts payable, so on and so forth. Keep in mind that occasionally this can mean that profit margins are too small. Lots of businesses 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 obligations to consider. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with vendors that have to be met or might cause fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the area bring in new customers? Often times, businesses have repeat clients, which create the core of their daily revenues. Specific factors such as brand-new competition growing up around the location, roadway building and construction, as well as employee turn over can impact repeat consumers and also negatively influence future revenues. One vital thing to think about is the area of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Obviously, the more individuals that see the business regularly, the greater the opportunity to construct a returning customer base. A final thought is the basic location demographics. Is the business placed in a largely populated city, or is it situated on the outskirts of town? Just how might the neighborhood typical house income effect future earnings potential?