Listing ID: 76900
Prime Location & Semi Absentee. Easy operations no cooking involved. Great opportunity for owner operator. Owner is selling due to relocation. Well-known Juice bar brand. Franchisor also provides training and support. Purchase an existing business for the fraction of the start up cost! Income representation is reflective of the Owner working full time, replacing the store manager. Call Listing Agent Amit Wadhera at 909-319-9795 for more information.
- Asking Price: $139,000
- Cash Flow: $71,461
- Gross Revenue: $465,000
- EBITDA: N/A
- FF&E: $25,000
- Inventory: N/A
- Inventory Included: N/A
- Established: 2016
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:1,496
- Lot Size:N/A
- Total Number of Employees:10
- Furniture, Fixtures and Equipment:N/A
This Business Is An Established Franchise
The business was established in 2016, making the business 6 years old.
The company has 10 employees and resides in a building with approx. square footage of 1,496 sq ft.
The real estate is leased by the business for $7,573 per Month
Why is the Current Owner Selling The Business?
There are all types of reasons why people decide to sell businesses. Nevertheless, the genuine factor vs the one they say to you might be 2 entirely different things. As an example, they may say "I have a lot of various commitments" or "I am retiring". For lots of sellers, these factors are valid. However, for some, these may simply be justifications to try to hide the reality of transforming demographics, increased competitors, current decrease in earnings, or an array of other factors. This is why it is extremely crucial that you not depend entirely on a seller's word, but rather, use the vendor's answer together with your overall due diligence. This will paint a more practical picture of the business's existing scenario.
Existing Debts and Future Obligations
If the existing business is in debt, which lots of businesses are, then you will certainly need to consider this when valuating/preparing your offer. Many companies finance loans in order to cover things such as supplies, payroll, accounts payable, so on and so forth. Remember that in some cases this can indicate that earnings margins are too small. Numerous organisations fall under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may likewise be future commitments to take into consideration. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing contracts with suppliers that should be fulfilled or might result in charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do companies in the area attract new customers? Many times, companies have repeat customers, which create the core of their everyday profits. Specific variables such as brand-new competitors sprouting up around the area, road building and construction, and personnel turnover can affect repeat clients as well as negatively influence future revenues. One essential point to consider is the placement of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Undoubtedly, the more people that see the business regularly, the higher the chance to develop a returning customer base. A last idea is the general area demographics. Is the business placed in a densely populated city, or is it located on the outskirts of town? Exactly how might the regional median household earnings influence future income prospects?