Listing ID: 77622
Business Overview
Excellent opportunity to own Waba Grill Franchised 4 Store Package in San Bernardino County. Waba grill capitalizes on growing market for healthy fast food.
Key Considerations:
Excellent Rent & Lease Terms
In store management, key employees in place (managers & supervisors)
Revenue & Profit Growth during Covid, stabilized in 2021
Barriers to entry in the general trade area
High Gross & Net
Easy Operations & Management
Growth Opportunities
The seller has done an excellent job with implementing managers, policies & procedures in places. Owner manages high level day-to-day operations.
Financial
- Asking Price: $1,790,000
- Cash Flow: $620,000
- Gross Revenue: $3,000,000
- EBITDA: $625,000
- FF&E: N/A
- Inventory: $25,000
- Inventory Included: N/A
- Established: N/A
Franchisor Support & Training will be available. Seller is available to support & train as needed.
Strategic, Personal
This Business Is An Established Franchise
Additional Info
The deal won't include inventory valued at $25,000*, which ins't included in the requested price.
The building is leased by the business for $0.00
Why is the Current Owner Selling The Business?
There are all kinds of reasons why people decide to sell operating businesses. However, the true reason vs the one they tell you may be 2 absolutely different things. As an example, they might state "I have way too many various commitments" or "I am retiring". For lots of sellers, these reasons are valid. But, for some, these may just be reasons to attempt to conceal the reality of altering demographics, increased competitors, recent decrease in earnings, or a range of other factors. This is why it is very crucial that you not rely absolutely on a seller's word, however rather, use the seller's response together with your overall due diligence. This will paint an extra reasonable picture of the business's present circumstance.
Existing Debts and Future Obligations
If the existing business is in debt, which lots of companies are, then you will certainly need to consider this when valuating/preparing your offer. Numerous businesses borrow money so as to cover items like inventory, payroll, accounts payable, etc. Bear in mind that sometimes this can indicate that revenue margins are too small. Numerous businesses fall under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may additionally 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 vendors that need to be fulfilled or may result in penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the location draw in brand-new clients? Many times, businesses have repeat clients, which develop the core of their everyday revenues. Specific aspects such as new competition sprouting up around the area, road building, and also personnel turn over can influence repeat consumers and also adversely affect future profits. One vital thing to think about 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 people that see the business on a regular basis, the better the possibility to build a returning customer base. A last idea is the general location demographics. Is the business located in a largely populated city, or is it situated on the outside border of town? Exactly how might the local mean home income effect future revenue prospects?
