Listing ID: 74778
Summerlin Franchise Bakery that produces delicious breads, cakes, & sandwiches to name a few. Most items are baked fresh from in-house, using only the highest quality ingredients. The business has ample dining room as well as a patio that has brunch potential. For a quick response to your inquiry, please contact listing agent Mounir Bousaid (RE# S.0178371; Business Broker Permit# BUSB.0006910) or Andrea Bousaid (RE# S.0176816; Business Broker Permit# BUSB.0006883) at firstname.lastname@example.org or email@example.com or call 702-321-1292
- Asking Price: $150,000
- Cash Flow: N/A
- Gross Revenue: $455,676
- EBITDA: N/A
- FF&E: N/A
- Inventory: $2,000
- Inventory Included: Yes
- Established: 2021
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:2,092
- Lot Size:N/A
- Total Number of Employees:1
- Furniture, Fixtures and Equipment:N/A
This is a leased location of 2,092 square feet with a Total monthly rent of $5,289. Lease ends 03/2025 with a 5-year option. Seller is active with 1 FT and 9 PT employees. Hours of operation are 8am – 5:30pm, Monday to Saturday. $2,000 in inventory included in the asking Price. Other Assets include only items listed on equipment list owned by seller; all other items Landlord owned.
7 calendar days
Other business interests
This Business Is An Established Franchise
The venture was established in 2021, making the business 1 years old.
The sale does include inventory valued at $2,000, which is included in the suggested price.
The company has 1 FT, 9 PT employees and is situated in a building with approx. square footage of 2,092 sq ft.
The property is leased by the business for $5,289 per Month
Why is the Current Owner Selling The Business?
There are all sorts of reasons individuals choose to sell companies. Nevertheless, the true factor vs the one they tell you may be 2 entirely different things. For instance, they may claim "I have a lot of other obligations" or "I am retiring". For many sellers, these factors stand. But, for some, these may simply be justifications to try to hide the reality of changing demographics, increased competitors, recent decrease in revenues, or an array of various other reasons. This is why it is very vital that you not rely absolutely on a vendor's word, however instead, use the seller's solution combined with your general due diligence. This will paint an extra practical picture of the business's existing scenario.
Existing Debts and Future Obligations
If the current company is in debt, which numerous companies are, then you will need to consider this when valuating/preparing your deal. Numerous businesses borrow money with the purpose of covering items such as stock, payroll, accounts payable, and so on. Remember that occasionally this can indicate that profit margins are too thin. Many businesses come under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may also be future commitments to think about. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with vendors that have to be met or may lead to charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the location draw in brand-new clients? Often times, operating businesses have repeat clients, which develop the core of their everyday revenues. Certain elements such as new competition sprouting up around the location, road construction, and also employee turn over can influence repeat customers and adversely affect future revenues. One vital point to think about is the area of the business. Is it in a very trafficked shopping center, or is it hidden from the main road? Obviously, the more individuals that see the business on a regular basis, the higher the chance to build a returning consumer base. A last thought is the basic area demographics. Is the business situated in a largely inhabited city, or is it located on the edge of town? How might the neighborhood median home earnings effect future revenue potential?