Business Overview

Per Franchisor regulations, Buyer needs to contact agent and complete non-disclosure agreement and personal financial statement prior to receiving sales and cash flow information. Little Caesars is one of the largest and fastest the growing pizza carry-out chains in the world with restaurants on five continents. Restaurant experience is preferred. Franchisor requires a minimum of $250,000 net worth or 70% of purchase price, whichever is higher with $100,000 liquid cash or 20% of purchase price, whichever is higher. IRA and 401K not acceptable as liquid, only items that can be liquidated within 24 hours.

Financial

  • Asking Price: $124,985
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: $100,000
  • Inventory: $5,000
  • Inventory Included: N/A
  • Established: 2013

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,677
  • Lot Size:N/A
  • Total Number of Employees:10
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

All FF&E to be in good working condition prior to change over.

Is Support & Training Included:

Franchisor offers 8 weeks of training.

Purpose For Selling:

Other business interests

Pros and Cons:

Seller lives out of area and has been unable to keep sales up and control margins. Tremendous potential for an Owner-Operator.

Opportunities and Growth:

Growth in brand via new development or acquisition of existing units.

Established Franchise:

This Business Is An Established Franchise

Additional Info

The venture was started in 2013, making the business 9 years old.
The sale won't include inventory valued at $5,000*, which ins't included in the asking price.

The business has 10 employees and resides in a building with estimated square footage of 1,677 sq ft.
The building is leased by the business for $2,500 per Month

Why is the Current Owner Selling The Business?

There are all types of reasons why people choose to sell businesses. However, the true factor vs the one they say to you might be 2 completely different things. For instance, they may claim "I have too many various commitments" or "I am retiring". For many sellers, these factors are valid. But, for some, these may just be reasons to attempt to hide the reality of transforming demographics, increased competition, recent decrease in incomes, or a range of other reasons. This is why it is really essential that you not depend totally on a vendor's word, yet rather, use the vendor's solution together with your overall due diligence. This will paint a much more sensible picture of the business's existing scenario.

Existing Debts and Future Obligations

If the current 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 in order to cover items such as inventory, payroll, accounts payable, so on and so forth. Remember that sometimes this can suggest that earnings margins are too small. Many businesses fall 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 obligations to think about. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with vendors that should be met or may lead to charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the area draw in new consumers? Many times, businesses have repeat customers, which form the core of their daily profits. Specific aspects such as new competitors sprouting up around the location, roadway building and construction, and personnel turnover can influence repeat consumers and negatively influence future profits. One essential point to take into consideration is the area of the business. Is it in a very trafficked shopping center, or is it concealed from the main road? Obviously, the more individuals that see the business regularly, the higher the chance to develop a returning consumer base. A last thought is the general location demographics. Is the business placed in a largely inhabited city, or is it located on the outskirts of town? How might the local typical family earnings effect future earnings potential?