Business Overview

This is a Franchise Resale of one of the Hot New growing trends in fast food healthy eating options. It has become a popular grab-n-go destination for health minded people and athletes from nearby gyms and exercise businesses. This is the only location in the region. All start up costs have been paid, employees and equipment are in place and the customer base has been established. Everything is teed-up for a savvy new operator to take it to the next level. Customers can order from the menu and eat in the restaurant or order from their meal plans.

Financial

  • Asking Price: $285,000
  • Cash Flow: $141,756
  • Gross Revenue: $578,014
  • EBITDA: N/A
  • FF&E: $65,000
  • Inventory: $5,000
  • Inventory Included: Yes
  • Established: 2019

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:3
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Space is 1400SF at $4600/month. The business has a great location in a destination strip/community shopping center on the main thoroughfare.

Is Support & Training Included:

Will train for 2 weeks @ $0 cost.

Purpose For Selling:

Owners want to pursue other interests.

Pros and Cons:

There are no other fast food healthy eating option restaurants in the region.

Established Franchise:

This Business Is An Established Franchise

Additional Info

The company was founded in 2019, making the business 3 years old.
The deal will include inventory valued at $5,000, which is included in the suggested price.

Why is the Current Owner Selling The Business?

There are all sorts of reasons why individuals decide to sell operating businesses. Nevertheless, the real factor vs the one they tell you may be 2 completely different things. For instance, they may claim "I have too many other obligations" or "I am retiring". For many sellers, these reasons stand. But also, for some, these may just be excuses to try to conceal the reality of transforming demographics, increased competitors, recent reduction in incomes, or a variety of other factors. This is why it is extremely essential that you not depend absolutely on a vendor's word, however instead, make use of the vendor's solution together with your total due diligence. This will repaint a more sensible image of the business's existing situation.

Existing Debts and Future Obligations

If the current entity is in debt, which many businesses are, then you will certainly need to consider this when valuating/preparing your deal. Many companies take out loans so as to cover things like stock, payroll, accounts payable, and so on. Keep in mind that sometimes this can imply that earnings margins are too thin. Many organisations come under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may likewise be future obligations to consider. There may be an outstanding lease on tools or the building where the business resides. The business may have existing contracts with suppliers that need to be fulfilled or might cause fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the area draw in new customers? Often times, businesses have repeat clients, which develop the core of their daily revenues. Specific variables such as brand-new competition growing up around the area, road building, as well as personnel turnover can impact repeat clients and negatively impact future earnings. One crucial thing to think about is the location of the business. Is it in a highly trafficked shopping center, or is it hidden from the main road? Clearly, the more individuals that see the business regularly, the higher the chance to construct a returning consumer base. A final idea is the basic area demographics. Is the business placed in a largely inhabited city, or is it situated on the outskirts of town? Exactly how might the neighborhood mean household earnings impact future earnings potential?