Listing ID: 83546
A healthy casual restaurant that serves fresh food made on site. Menu includes customizable salads, wraps, bowls, burritos, soup, fresh pressed juices, smoothies and frozen yogurt. Caters to dietary needs including gluten free. Only franchise store in the tri state. Great location surrounded by Corporate offices and medical facilities. Turn key operation with tremendous growth opportunity.
Canadian based Franchise
High potential growth with increased marketing
- Asking Price: $150,000
- Cash Flow: N/A
- Gross Revenue: $252,000
- EBITDA: N/A
- FF&E: $40,000
- Inventory: $3,000
- Inventory Included: Yes
- Established: N/A
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:1,365
- Lot Size:N/A
- Total Number of Employees:3
- Furniture, Fixtures and Equipment:N/A
The deal does include inventory valued at $3,000, which is included in the suggested price.
The company has 3 employees and is located in a building with estimated square footage of 1,365 sq ft.
The building is leased by the company for $5,000 per Month
Why is the Current Owner Selling The Business?
There are all types of reasons why people decide to sell operating businesses. Nonetheless, the genuine reason vs the one they tell you might be 2 absolutely different things. As an example, they may claim "I have too many other responsibilities" or "I am retiring". For numerous sellers, these reasons stand. But, for some, these may simply be reasons to try to conceal the reality of altering demographics, increased competitors, recent reduction in revenues, or an array of various other reasons. This is why it is extremely crucial that you not depend absolutely on a vendor's word, but rather, use the vendor's solution in conjunction with your total due diligence. This will paint a more sensible image of the business's present situation.
Existing Debts and Future Obligations
If the existing entity is in debt, which lots of companies are, then you will certainly need to consider this when valuating/preparing your deal. Many businesses borrow money so as to cover points such as stock, payroll, accounts payable, etc. Remember that in some cases this can suggest that profit margins are too thin. Many organisations fall into a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may likewise be future obligations to consider. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with suppliers that have to be met or may lead to charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do companies in the area draw in new clients? Many times, companies have repeat customers, which develop the core of their daily profits. Specific elements such as new competitors sprouting up around the location, roadway construction, as well as employee turnover can impact repeat customers as well as adversely impact future earnings. One crucial thing to take into consideration 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 often, the greater the possibility to construct a returning consumer base. A final idea is the general location demographics. Is the business placed in a densely inhabited city, or is it situated on the edge of town? Exactly how might the local average family income effect future earnings prospects?