Listing ID: 72404
Well known Hoagie business with very high sales!
This Business is pre-qualified for financing with only 10% down. You only need $37,500 down and will make $90,000 your first year after paying debt service making your down payment back in less than 5 months!!
This is a very popular Hoagie Franchise in excellent condition, in a very nice shopping center located in Bucks County and was just updated to latest Corporate Franchise standards including digital menu boards, new camera system, new front of store sign, new decor, etc…. This store is “ready to go”, and currently ranks #18 out of 73 stores in revenues. This is a great opportunity for a hands-on operator!
- Asking Price: $375,000
- Cash Flow: $134,305
- Gross Revenue: $939,962
- EBITDA: N/A
- FF&E: $160,000
- Inventory: $9,500
- Inventory Included: N/A
- Established: 2016
- 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
Family members want to do something different.
This Business Is An Established Franchise
The venture was established in 2016, making the business 6 years old.
The deal won't include inventory valued at $9,500*, which ins't included in the listing price.
Why is the Current Owner Selling The Business?
There are all types of reasons people resolve to sell businesses. However, the genuine reason vs the one they say to you might be 2 completely different things. For instance, they might claim "I have too many various commitments" or "I am retiring". For many sellers, these factors stand. But also, for some, these might simply be justifications to attempt to conceal the reality of changing demographics, increased competitors, current decrease in profits, or an array of other factors. This is why it is very vital that you not depend absolutely on a vendor's word, but rather, make use of the seller's answer in conjunction with your total due diligence. This will paint a more reasonable image of the business's current situation.
Existing Debts and Future Obligations
If the current entity is in debt, which lots of businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Numerous companies finance loans with the purpose of covering items such as stock, payroll, accounts payable, so on and so forth. Bear in mind that sometimes this can imply that earnings margins are too tight. Lots of 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 take into consideration. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with suppliers that have to be met or may result in penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the location bring in brand-new customers? Many times, operating businesses have repeat consumers, which form the core of their everyday profits. Certain factors such as brand-new competitors growing up around the area, road construction, as well as employee turnover can influence repeat clients as well as negatively impact future revenues. One crucial thing to think about is the area of the business. Is it in a very trafficked shopping center, or is it hidden from the highway? Certainly, the more people that see the business regularly, the better the opportunity to construct a returning consumer base. A last idea is the basic area demographics. Is the business located in a densely inhabited city, or is it located on the edge of town? Exactly how might the neighborhood median family earnings impact future revenue prospects?