Business Overview

Come in and take ownership of this fast-paced bar & restaurant. This restaurant has an excellent location near major highways and roads and is in a much-desired area. Fully furnished and equipped with all high-quality kitchen equipment. Inside seating as well as outdoor seating with this location will be a great fit for most concepts including burgers, pizza, wings, Mexican food, and everything in between.
Contact Kim Wright at 636-614-9975 or email at kwright@fusionadvantage.com
or Jeff Bach 314-941-8530 email jbach@fusionadvantage.com about listing ID#1067KWJB.

Financial

  • Asking Price: $499,000
  • Cash Flow: N/A
  • Gross Revenue: $1,322,728
  • EBITDA: N/A
  • FF&E: $50,000
  • Inventory: $6,500
  • Inventory Included: N/A
  • Established: 2017

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:2,633
  • Lot Size:N/A
  • Total Number of Employees:6
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Sought out and Much Desired area high traffic located by major highways and roads residential & business area

Is Support & Training Included:

Full training and support

Purpose For Selling:

Health Reasons

Additional Info

The venture was established in 2017, making the business 5 years old.
The sale won't include inventory valued at $6,500*, which ins't included in the suggested price.

The company has 6FT 16PT employees and is situated in a building with approx. square footage of 2,633 sq ft.
The building is leased by the business for $0.00

Why is the Current Owner Selling The Business?

There are all types of reasons individuals decide to sell businesses. Nonetheless, the real reason vs the one they tell you might be 2 completely different things. As an example, they may state "I have way too many other responsibilities" or "I am retiring". For numerous sellers, these reasons are valid. But, for some, these might simply be justifications to attempt to hide the reality of changing demographics, increased competition, recent reduction in revenues, or a variety of various other reasons. This is why it is really crucial that you not count totally on a vendor's word, yet instead, utilize the vendor's answer together with your total due diligence. This will paint a more realistic picture of the business's current scenario.

Existing Debts and Future Obligations

If the current entity is in debt, which lots of businesses are, then you will need to consider this when valuating/preparing your deal. Many operating businesses finance loans so as to cover items such as stock, payroll, accounts payable, so on and so forth. Keep in mind that occasionally this can suggest that profit margins are too tight. Numerous businesses come under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may also be future commitments to consider. There might be an outstanding lease on equipment or the structure where the business resides. The business might have existing contracts with vendors that should be met or may result in penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the area attract brand-new clients? Many times, operating businesses have repeat customers, which form the core of their daily revenues. Specific aspects such as brand-new competitors sprouting up around the location, roadway building and construction, and personnel turnover can impact repeat clients and adversely affect future revenues. One important thing to take into consideration is the area of the business. Is it in a highly trafficked shopping center, or is it concealed from the highway? Certainly, the more individuals that see the business often, the greater the chance to develop a returning customer base. A final idea is the general location demographics. Is the business placed in a densely inhabited city, or is it located on the outside border of town? How might the neighborhood mean house income influence future revenue potential?