Listing ID: 70046
Business Overview
Fabulous opportunity to join a local Franchise with a long history of success and extremely high local Brand ID!
Very market niche, authentic and little to no competition in the segment. Full Franchise Brand ID, Support & Training are just the start of the multitude of benefits you will reap as a franchisee of this soon to be Hot National Brand!
Prime, Prime, Prime Mt. Pleasant location close to Thousands of Rooftops, Businesses, Big Boxes, Churches and More….
• Owner financing up to 30%
• Fully Turn Key and Operating
• Multi Year history of Profits
• Unique Concept
• Very Authentic European Cuisine and Atmosphere
• Low Low Mt. Pleasant Rent…Only $2900 ALL IN!!!!
• Approx. 2000 SQ Ft
• Low Footprint = Low Cost to Operate
• Perfect Owner / Operator Opportunity
• Beautiful Outdoor Dining Patio for approx. 40 seats
• Full Working Kitchen Included
• Walk in Cooler
• Walk in Freezer
• Ample Hood
• 1500 Gallon Grease Trap in Place
• Lots of Parking
• Beautiful Authentic Decor
• Modern Build out
• Prime Location
• Thousands of rooftops and cars passing daily
• Major Outlets Near by
• Over 20+ Awards and Accolades
• Recently Voted #1 or Best in 3 Categories
Too many positives to list here! Call us Now!!
Offered at only: $110,000 including Franchise Fee!
Information deemed reliable but not guaranteed.
Buyer to verify all information prior to purchase.
Financial
- Asking Price: $110,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: N/A
This Business Is An Established Franchise
Why is the Current Owner Selling The Business?
There are all sorts of reasons people choose to sell operating businesses. Nevertheless, the genuine factor vs the one they say to you may be 2 totally different things. For instance, they might say "I have too many various obligations" or "I am retiring". For many sellers, these factors stand. But, for some, these may just be excuses to attempt to hide the reality of transforming demographics, increased competitors, recent decrease in profits, or an array of various other reasons. This is why it is extremely essential that you not count absolutely on a seller's word, however instead, make use of the vendor's solution in conjunction with your overall due diligence. This will paint an extra sensible image of the business's current situation.
Existing Debts and Future Obligations
If the current business is in debt, which many companies are, then you will certainly need to consider this when valuating/preparing your offer. Lots of operating businesses borrow money so as to cover things like supplies, payroll, accounts payable, so on and so forth. Keep in mind that occasionally this can indicate that earnings margins are too tight. Lots of companies come under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may also be future obligations to take into consideration. There may be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with vendors that have to be satisfied or may lead to charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
How do operating businesses in the area draw in new clients? Many times, companies have repeat consumers, which develop the core of their day-to-day profits. Particular elements such as new competition sprouting up around the area, roadway construction, as well as personnel turnover can affect repeat customers as well as adversely impact future revenues. One essential thing to consider is the location of the business. Is it in a very trafficked shopping mall, or is it concealed from the highway? Undoubtedly, the more people that see the business regularly, the higher the opportunity to build a returning consumer base. A final thought is the general area demographics. Is the business placed in a densely populated city, or is it situated on the outskirts of town? Just how might the neighborhood typical home income impact future earnings prospects?
