Listing ID: 82423
For Sale: A quick service, profitable “Acai Bowls” restaurant. Average 22% net profit margin are strong partly because of the extremely small footprint (only 1000 square feet) and the low labor costs needed to run the shop. Absolutely no exhaust hoods, grease traps or cook tops. We are happily giving our clients exactly what they are looking for; Plant based, organic, dairy free, gluten free and no refined sugars. We deliver SUPERFOODS. This trendy and upscale, fast casual Acai restaurant has clean modern architecture, and a little flair. The Acai bowl wave category continues to grow rapidly. Consumers are increasingly seeking out fun, all-natural, fast-casual dining options that are “on-the-go” and totally fresh. The Acai wave continues to grow at a rapid rate. Our core customers are the millennials, college students, young professionals and active families. Huge scalability opportunities in the local colleges too. Additional Advantages Include:
-High Net Profit Margin – 22% on average
-All Cash Business
-Extremely Small Footprint
-Low Inventory Levels to Manage
-Recognizable “World Class” Acai Brand
-Unique Product Offerings
-Award Winning Brand & Menu
-Strong marketing, training and ongoing support
Contact Larry for more information about this business.
- Asking Price: $788,999
- Cash Flow: $804,000
- Gross Revenue: $3,705,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2018
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:2
- Furniture, Fixtures and Equipment:N/A
Contact for detailed information about this business
Full training and support.
Popular name in the industry.
The demand for this business allows for long-term growth.
The business was founded in 2018, making the business 4 years old.
Why is the Current Owner Selling The Business?
There are all types of reasons why individuals resolve to sell companies. Nevertheless, the real reason vs the one they say to you might be 2 entirely different things. As an example, they might claim "I have way too many various commitments" or "I am retiring". For lots of sellers, these reasons stand. But also, for some, these may just be excuses to try to conceal the reality of changing demographics, increased competitors, current decrease in earnings, or an array of various other reasons. This is why it is really essential that you not rely totally on a vendor's word, yet instead, make use of the seller's response together with your overall due diligence. This will paint an extra sensible image of the business's current scenario.
Existing Debts and Future Obligations
If the existing entity is in debt, which many companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Numerous companies borrow money so as to cover items such as inventory, payroll, accounts payable, so on and so forth. Bear in mind that occasionally this can indicate that revenue margins are too small. Many businesses come 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 equipment or the building where the business resides. The business might have existing contracts with vendors that should be fulfilled or may lead to penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do businesses in the location draw in brand-new consumers? Often times, businesses have repeat clients, which create the core of their daily profits. Specific aspects such as new competitors sprouting up around the location, roadway construction, and employee turnover can affect repeat customers and also adversely impact future earnings. One crucial point to take into consideration is the area of the business. Is it in an extremely trafficked shopping center, or is it concealed from the main road? Undoubtedly, the more people that see the business often, the better the possibility to develop a returning customer base. A final thought is the basic location demographics. Is the business situated in a largely inhabited city, or is it located on the outskirts of town? How might the neighborhood mean family earnings impact future income prospects?