Business Overview

This business has been lender pre-qualified with ONLY 15% down to a qualified buyer. You only need to put down $44,850 and will make $62,260 your first year after debt service is paid! You will make your deposit back in under 8.5 months!!

This Bucks county burger franchise is a casual dining experience, serving delicious and fresh handmade burgers, chicken, hot dogs, salads, hand dipped milkshakes and many side options. Located in a great area with a lot of traffic and plenty of parking. This business has year over year growth for the past few years is sales and continues to grow. Franchisor is coming up with a catering menu which is going to add more big sales as there are so many companies and car dealerships around this restaurant within a 2 mile radius always demanding for Catering. This franchise is easy to operate than you may think because everything come to you ready to cook fresh! Seller will also pay the transfer fee of $17,500 for the buyer at closing to the franchisor! There is also exceptional franchise support which will be provided to a new owner with multiple weeks of training along with a local store coordinator. This is a great opportunity for a hands on owner.

Financial

  • Asking Price: $299,000
  • Cash Flow: $107,110
  • Gross Revenue: $522,705
  • EBITDA: N/A
  • FF&E: $180,000
  • Inventory: $5,000
  • Inventory Included: N/A
  • Established: 2015

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:2
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Will train for 2 weeks @ $0 cost.

Purpose For Selling:

Personal.

Established Franchise:

This Business Is An Established Franchise

Additional Info

The venture was started in 2015, making the business 7 years old.
The sale shall not include inventory valued at $5,000*, which ins't included in the suggested price.

Why is the Current Owner Selling The Business?

There are all sorts of reasons people resolve to sell operating businesses. However, the real factor and the one they say to you might be 2 absolutely different things. As an example, they may say "I have way too many various obligations" or "I am retiring". For lots of sellers, these reasons are valid. But, for some, these might just be justifications to try to hide the reality of altering demographics, increased competitors, current reduction in profits, or a variety of various other factors. This is why it is really essential that you not rely completely on a seller's word, but instead, utilize the vendor's solution in conjunction with your general due diligence. This will paint a much more reasonable image of the business's current situation.

Existing Debts and Future Obligations

If the current company is in debt, which many businesses are, then you will certainly need to consider this when valuating/preparing your deal. Lots of companies borrow money so as to cover things such as stock, payroll, accounts payable, etc. Keep in mind that occasionally this can suggest that earnings margins are too tight. Numerous businesses fall under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may also be future obligations to consider. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing contracts with suppliers that need to be satisfied or may lead to charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the location attract new clients? Many times, companies have repeat clients, which develop the core of their daily earnings. Certain elements such as new competition growing up around the location, roadway construction, and also personnel turnover can influence repeat consumers and also negatively impact future revenues. One important thing to consider is the placement of the business. Is it in a very trafficked shopping mall, or is it concealed from the main road? Undoubtedly, the more individuals that see the business often, the higher the possibility to develop a returning consumer base. A last thought is the general area demographics. Is the business situated in a densely inhabited city, or is it situated on the outside border of town? Exactly how might the regional typical home earnings effect future income prospects?