Listing ID: 72478
This business has been lender Pre-Qualified for a loan with only 10% down ($17,000). Owner would make $43,000 there first year after debt service is paid. Buyer would make their investment back in 6 months.
Also, the SBA is paying buyers first 3 payments on loan ($5,163) PLUS paying for your guarantee fee which is another $2,000. That is a total of $7,163 the SBA is paying for a buyer almost half of your 10% down required! This SBA special is only good until September while funds last, so don’t waste time!
The store’s traffic is the customer base within the Walmart, which happens to be one of the busiest. This store has been the #1 Walmart based Pretzel Shop in sales currently and previously throughout the entire franchise system. Very easy to operate since the pretzels come ready to bake.
- Asking Price: $170,000
- Cash Flow: $64,355
- Gross Revenue: $313,894
- EBITDA: N/A
- FF&E: $85,000
- Inventory: $6,000
- Inventory Included: N/A
- Established: 2014
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:2
- Furniture, Fixtures and Equipment:N/A
Will train for 1 week @ 40 cost.
This Business Is An Established Franchise
The company was established in 2014, making the business 8 years old.
The sale doesn't include inventory valued at $6,000*, which ins't included in the requested price.
Why is the Current Owner Selling The Business?
There are all types of reasons why people choose to sell companies. Nevertheless, the genuine reason vs the one they say to you may be 2 entirely different things. For instance, they may say "I have too many other obligations" or "I am retiring". For numerous sellers, these factors stand. But also, for some, these might just be reasons to attempt to hide the reality of transforming demographics, increased competition, recent reduction in earnings, or a range of other factors. This is why it is extremely important that you not rely entirely on a seller's word, but rather, use the seller's solution together with your general due diligence. This will repaint an extra practical picture of the business's present circumstance.
Existing Debts and Future Obligations
If the existing entity is in debt, which numerous companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Numerous companies take out loans in order to cover things like supplies, payroll, accounts payable, etc. Remember that sometimes this can suggest that earnings margins are too thin. Many organisations fall under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may additionally be future commitments to take into consideration. There may be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with suppliers that have to be satisfied or might result in charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do companies in the area draw in brand-new clients? Often times, companies have repeat clients, which form the core of their everyday earnings. Particular factors such as brand-new competition growing up around the area, road construction, as well as employee turnover can impact repeat customers and also adversely influence future revenues. One important point to consider is the placement of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Certainly, the more individuals that see the business on a regular basis, the better the chance to develop a returning customer base. A last idea is the basic area demographics. Is the business located in a densely populated city, or is it situated on the outside border of town? How might the local average household income impact future earnings potential?