Business Overview

Popular Healthy franchise. NO cooking Turnkey, this health-oriented brand did well in COVID. The seller is downsizing his business and that is the only reason they want to sell this. Currently, it is doing an average of $51k Monthly in net sales. According to the Absentee Seller, the Buyer could replace the manager as an owner-operator and further increase profits. Adjusted net profit of $118,575 is with an owner-operator reducing payroll by $35k. For more information, please contact Listing Agent Amit Wadhera at 909-319-9795.

Financial

  • Asking Price: $359,000
  • Cash Flow: $118,575
  • Gross Revenue: $610,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2014

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,097
  • Lot Size:N/A
  • Total Number of Employees:12
  • Furniture, Fixtures and Equipment:N/A
Purpose For Selling:

Downsizing

Established Franchise:

This Business Is An Established Franchise

Additional Info

The company was started in 2014, making the business 8 years old.

The company has 12 employees and is located in a building with approx. square footage of 1,097 sq ft.
The building is leased by the business for $5,577 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons individuals choose to sell businesses. However, the real reason and the one they say to you might be 2 entirely different things. As an example, they may say "I have a lot of other commitments" or "I am retiring". For numerous sellers, these factors stand. But also, for some, these might simply be excuses to try to conceal the reality of changing demographics, increased competitors, recent decrease in earnings, or an array of other factors. This is why it is extremely vital that you not count absolutely on a vendor's word, yet instead, use the seller's solution along with your general due diligence. This will repaint a much more realistic image of the business's present circumstance.

Existing Debts and Future Obligations

If the current business is in debt, which lots of businesses are, then you will certainly need to consider this when valuating/preparing your offer. Numerous operating businesses finance loans in order to cover things such as inventory, payroll, accounts payable, and so on. Bear in mind that occasionally this can mean that profit margins are too small. Many businesses come under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may also be future commitments to take into consideration. There may be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with vendors that must be fulfilled or may cause fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do operating businesses in the area draw in brand-new customers? Many times, businesses have repeat customers, which create the core of their everyday earnings. Certain variables such as new competitors growing up around the area, road building, as well as staff turnover can affect repeat consumers and also negatively influence future revenues. One crucial thing to take into consideration is the location of the business. Is it in a very trafficked shopping center, or is it concealed from the highway? Clearly, the more people that see the business often, the greater the opportunity to build a returning customer base. A last idea is the basic area demographics. Is the business located in a largely inhabited city, or is it situated on the outskirts of town? How might the local typical family income effect future earnings prospects?