Business Overview

FILTHY RICH FRANCHISE in FLORIDA and USA Current locations available Boca Raton, Ft. Myers, Sarasota, Jacksonville, St. Augustine, Miami Beach, Ft. Lauderdale. Great Franchise, excellent support system. Starting at 95,000, built to suit buyer. Great profit margins around 300% Online sales too. Figures below based upon other currents locations, this is a pro-forma and new location depends upon area and size of store, . About to go live on 9 CRUISE LINES, great exposure GREAT FINANCE AVAILABLE TO PURCHASE.
THERE IS A GREAT OPPORTUNITY IN THE VILLAGES IN CENTRAL FLORIDA, VERY BUSY FOOT TRAFFIC

Financial

  • Asking Price: $95,000
  • Cash Flow: N/A
  • Gross Revenue: $203,190
  • EBITDA: $69,207
  • FF&E: $15,000
  • Inventory: $10,000
  • Inventory Included: Yes
  • Established: 2018

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:1
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

2 weeks of training

Purpose For Selling:

Franchise has openned up new locations

Established Franchise:

This Business Is An Established Franchise

Additional Info

The company was founded in 2018, making the business 4 years old.
The transaction shall include inventory valued at $10,000, which is included in the suggested price.

The company has 1 employees and is situated in a building with disclosed square footage of N/A sq ft.

Why is the Current Owner Selling The Business?

There are all kinds of reasons people choose to sell companies. Nevertheless, the true factor and the one they tell you may be 2 totally different things. For instance, they might state "I have way too many other obligations" or "I am retiring". For numerous sellers, these factors stand. But also, for some, these may simply be excuses to attempt to conceal the reality of changing demographics, increased competitors, current decrease in incomes, or a range of various other factors. This is why it is really vital that you not rely absolutely on a seller's word, but rather, use the seller's answer along with your general due diligence. This will repaint a much more practical picture of the business's current circumstance.

Existing Debts and Future Obligations

If the current company is in debt, which numerous businesses are, then you will have reason to consider this when valuating/preparing your deal. Lots of businesses finance loans so as to cover things like stock, payroll, accounts payable, and so on. Bear in mind that in some cases this can suggest that profit margins are too tight. Lots of companies fall under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may additionally be future obligations to take into consideration. There might be an outstanding lease on equipment or the structure where the business resides. The business might have existing contracts with vendors that should be satisfied or might result in charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the area attract new customers? Most times, operating businesses have repeat clients, which develop the core of their day-to-day revenues. Particular factors such as brand-new competitors sprouting up around the area, roadway building, and employee turnover can affect repeat customers and adversely affect future revenues. One essential point to take into consideration is the location of the business. Is it in a very trafficked shopping mall, or is it concealed from the main road? Clearly, the more individuals that see the business on a regular basis, the better the chance to build a returning consumer base. A last thought is the general area demographics. Is the business placed in a largely populated city, or is it situated on the outskirts of town? How might the local median household income influence future income potential?