Listing ID: 76800
Two franchise juice bar locations available for acquisition in Northern California. One location in Napa County, and the other in Marin County. Run both locations absentee with an annual profit of $175k. Well known and growing brand offers training and support. Staff already in place. Build out and equipment are included in the sale. Purchase an existing business for the fraction of the start up cost. Easy to operate, no grill or hood required. Contact Listing Agent Amit Wadhera for details today 909-319-9795.
- Asking Price: $629,000
- Cash Flow: $175,000
- Gross Revenue: $1,390,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- 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:N/A
- Furniture, Fixtures and Equipment:N/A
This Business Is An Established Franchise
The business was established in 2014, making the business 8 years old.
Why is the Current Owner Selling The Business?
There are all kinds of reasons why individuals decide to sell operating businesses. Nonetheless, the real reason and the one they say to you might be 2 entirely different things. As an example, they may claim "I have too many various obligations" or "I am retiring". For numerous sellers, these factors stand. But, for some, these might just be excuses to attempt to hide the reality of changing demographics, increased competition, recent decrease in revenues, or an array of various other reasons. This is why it is extremely essential that you not count completely on a seller's word, but instead, utilize the seller's response in conjunction with your overall due diligence. This will paint a more realistic picture of the business's existing situation.
Existing Debts and Future Obligations
If the existing company is in debt, which numerous companies are, then you will need to consider this when valuating/preparing your offer. Lots of businesses borrow money with the purpose of covering points like inventory, payroll, accounts payable, and so on. Bear in mind that in some cases this can imply that earnings margins are too thin. Numerous organisations fall into a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may also be future commitments to take into consideration. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing contracts with vendors that need to be met or may result in penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do operating businesses in the location draw in brand-new consumers? Many times, companies have repeat consumers, which form the core of their everyday profits. Certain variables such as brand-new competitors sprouting up around the area, roadway building, and also employee turnover can influence repeat customers and also negatively affect future earnings. One important point to consider is the area of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the highway? Undoubtedly, the more people that see the business on a regular basis, the better the chance to build a returning customer base. A final idea is the general area demographics. Is the business situated in a densely inhabited city, or is it situated on the outskirts of town? How might the local average family income impact future revenue prospects?