Business Overview

Seller Financing may be available to the right buyer!!

Passionate about food? Know your way around a kitchen? Ready to be your own boss? Looking for something different? This may be the perfect opportunity for you. This turnkey food service business has been built from the ground up with just the right combination of art and science. Thanks to creative hands in the kitchen and top-level sales and marketing efforts, this business has seen gross revenue climb nearly 250 percent over the last three years. The current owner, while still enthusiastic about this business, must relocate and is making it available for a worthy successor. He will willingly provide all necessary training and support to ensure a smooth transition for its new owner.
To learn more about this very unique opportunity, please call Dan Duffin at 314-651-6138 or email at danduffin@fusionadvantage.com and ask about ID#1062DK.

Financial

  • Asking Price: $75,000
  • Cash Flow: N/A
  • Gross Revenue: $175,000
  • EBITDA: N/A
  • FF&E: $20,000
  • Inventory: $3,000
  • Inventory Included: N/A
  • Established: 2016

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,000
  • Lot Size:N/A
  • Total Number of Employees:1
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Seller will fully train and support new business owner.

Purpose For Selling:

Seller is relocating

Additional Info

The venture was established in 2016, making the business 6 years old.
The deal shall not include inventory valued at $3,000*, which ins't included in the listing price.

The business has 1 employees and is situated in a building with estimated square footage of 1,000 sq ft.
The building is leased by the business for $0.00

Why is the Current Owner Selling The Business?

There are all sorts of reasons why people resolve to sell operating businesses. Nonetheless, the real factor and the one they tell you may be 2 entirely different things. As an example, they may state "I have too many various responsibilities" or "I am retiring". For lots of sellers, these factors stand. But also, for some, these might just be reasons to attempt to conceal the reality of altering demographics, increased competitors, recent decrease in incomes, or a variety of other reasons. This is why it is extremely crucial that you not count entirely on a seller's word, however rather, utilize the seller's response together with your total due diligence. This will repaint a much more practical image of the business's existing scenario.

Existing Debts and Future Obligations

If the current company is in debt, which many businesses are, then you will certainly have reason to consider this when valuating/preparing your offer. Lots of businesses borrow money so as to cover items like stock, payroll, accounts payable, and so on. Bear in mind that sometimes this can indicate that earnings margins are too tight. Many organisations come under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may also be future commitments to think about. There might be an outstanding lease on tools or the building where the business resides. The business may have existing contracts with suppliers that must be satisfied or might result in penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the location draw in new clients? Often times, operating businesses have repeat clients, which create the core of their day-to-day earnings. Certain variables such as new competition growing up around the location, road construction, as well as personnel turnover can influence repeat customers and also adversely influence future revenues. One vital thing to consider is the area of the business. Is it in an extremely trafficked shopping center, or is it hidden from the main road? Clearly, the more individuals that see the business often, the greater the opportunity to construct a returning client base. A last idea is the basic location demographics. Is the business placed in a largely inhabited city, or is it located on the outside border of town? How might the regional average family income effect future earnings potential?