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 Caesar’s 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 700 credit score, 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: $489,969
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: $157,000
  • Inventory: $7,200
  • Inventory Included: Yes
  • Established: 2007

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,205
  • Lot Size:N/A
  • Total Number of Employees:16
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

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

Is Support & Training Included:

Franchisor offers 6 weeks of training

Purpose For Selling:

Other business interests

Opportunities and Growth:

Room for growth exists within brand via acquisition and new development.

Established Franchise:

This Business Is An Established Franchise

Additional Info

The business was established in 2007, making the business 15 years old.
The deal does include inventory valued at $7,200, which is included in the listing price.

The company has 16 employees and is situated in a building with disclosed square footage of 1,205 sq ft.
The property is leased by the company for $3,988 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons individuals choose to sell businesses. However, the true reason vs the one they tell you may be 2 completely different things. As an example, they might say "I have a lot of other responsibilities" or "I am retiring". For numerous sellers, these factors stand. But, for some, these may simply be excuses to try to conceal the reality of altering demographics, increased competition, current reduction in revenues, or a variety of various other factors. This is why it is really important that you not rely absolutely on a seller's word, yet instead, utilize the seller's answer in conjunction with your general due diligence. This will repaint an extra realistic image of the business's present situation.

Existing Debts and Future Obligations

If the existing company is in debt, which numerous companies are, then you will need to consider this when valuating/preparing your offer. Lots of companies finance loans in order to cover things like inventory, payroll, accounts payable, etc. Remember that sometimes this can suggest that revenue margins are too thin. Numerous organisations fall into a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may also be future commitments to think about. There may be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with suppliers that have to be satisfied or might lead to penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do operating businesses in the area attract new customers? Most times, businesses have repeat clients, which develop the core of their everyday revenues. Specific aspects such as new competition growing up around the location, road building, and also employee turnover can affect repeat consumers and also adversely impact future incomes. One essential thing to take into consideration is the placement of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the highway? Undoubtedly, the more individuals that see the business regularly, the greater the possibility to build a returning consumer base. A last thought is the general location demographics. Is the business located in a largely populated city, or is it located on the outskirts of town? Just how might the regional typical home income impact future revenue prospects?