Listing ID: 66830
A great opportunity to purchase a franchise business at this price which includes $30,000 in working capital! The owner will pay the franchise/transfer fee and provide seller financing. Established, quick-service franchise with fully trained staff and tons of franchise support if you need it! The counter-service, online ordering, and catering can be extended to delivery. The menu choices are customizable with healthy options that fit every lifestyle!
- Asking Price: $175,000
- Cash Flow: $15,519
- Gross Revenue: $189,408
- EBITDA: $15,519
- FF&E: $86,319
- Inventory: $4,111
- Inventory Included: Yes
- Established: 2019
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:1,786
- Lot Size:N/A
- Total Number of Employees:6
- Furniture, Fixtures and Equipment:N/A
This Business Is An Established Franchise
The business was established in 2019, making the business 3 years old.
The sale will include inventory valued at $4,111, which is included in the requested price.
The business has 6 employees and resides in a building with approx. square footage of 1,786 sq ft.
The real estate is leased by the business for $1,200 per Month
Why is the Current Owner Selling The Business?
There are all types of reasons why people decide to sell companies. However, the real reason vs the one they tell you might be 2 completely different things. For instance, they might claim "I have too many other responsibilities" or "I am retiring". For numerous sellers, these factors are valid. But also, for some, these might simply be justifications to try to hide the reality of transforming demographics, increased competitors, recent decrease in revenues, or a range of various other factors. This is why it is extremely important that you not count absolutely on a vendor's word, but rather, utilize the vendor's response combined with your overall due diligence. This will paint an extra practical picture of the business's present circumstance.
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 offer. Lots of companies finance loans in order to cover points like stock, payroll, accounts payable, so on and so forth. Keep in mind that in some cases this can imply that earnings margins are too tight. Numerous companies fall into a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may additionally be future commitments to think about. There might be an outstanding lease on equipment or the structure where the business resides. The business might have existing agreements with suppliers that need to be fulfilled or may cause penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do businesses in the area bring in brand-new consumers? Many times, companies have repeat customers, which develop the core of their day-to-day revenues. Certain variables such as new competition sprouting up around the location, roadway construction, and also employee turn over can affect repeat clients and negatively influence future profits. One important thing to think about is the location of the business. Is it in a highly trafficked shopping center, or is it concealed from the main road? Undoubtedly, the more individuals that see the business often, the greater the opportunity to construct a returning consumer base. A last idea is the general area demographics. Is the business located in a densely inhabited city, or is it situated on the edge of town? Exactly how might the regional average family earnings impact future revenue prospects?