Listing ID: 70048
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 types of reasons people choose to sell operating businesses. Nonetheless, the true factor and the one they say to you may be 2 completely different things. For instance, they might say "I have way too many other obligations" or "I am retiring". For lots of sellers, these reasons are valid. But, for some, these may just be justifications to attempt to hide the reality of altering demographics, increased competitors, current decrease in earnings, or a variety of other factors. This is why it is very crucial that you not rely completely on a vendor's word, yet instead, utilize the vendor's solution along with your general due diligence. This will repaint a more reasonable picture of the business's existing situation.
Existing Debts and Future Obligations
If the current business is in debt, which numerous companies are, then you will certainly need to consider this when valuating/preparing your offer. Lots of operating businesses borrow money with the purpose of covering items like supplies, payroll, accounts payable, so on and so forth. Remember that sometimes this can imply that earnings margins are too thin. Numerous businesses fall under 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 consider. There might 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 might result in charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do companies in the location draw in brand-new clients? Often times, businesses have repeat clients, which develop the core of their daily revenues. Specific aspects such as new competition growing up around the location, road building and construction, and also employee turnover can affect repeat clients and also adversely affect future earnings. One crucial point to take into consideration is the location of the business. Is it in a highly trafficked shopping mall, or is it hidden from the main road? Clearly, the more people that see the business often, the better the opportunity to construct a returning client base. A final thought is the basic area demographics. Is the business located in a densely populated city, or is it situated on the outskirts of town? How might the regional median household earnings influence future income prospects?
