Listing ID: 81279
Well established franchise with full staff and management in place. This is one of Americas iconic well known franchise fast food restaurants located in a busy shopping center. Included in sale is a free-standing building on a long-term ground lease.
Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or the Contact Seller button or email Katrina Loftin at email@example.com or call 775-828-5400 to receive a confidentiality agreement and to learn more about this opportunity.
- Asking Price: $950,000
- Cash Flow: $366,902
- Gross Revenue: $1,668,915
- EBITDA: N/A
- FF&E: N/A
- Inventory: $15,000
- Inventory Included: Yes
- Established: 1987
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:2,500
- Lot Size:N/A
- Total Number of Employees:18
- Furniture, Fixtures and Equipment:N/A
Free standing building with drive thru
Seller will provide training at no cost to buyer. Franchisor training is available in addition.
Other fast-food restaurants in the area
This Business Is An Established Franchise
The company was established in 1987, making the business 35 years old.
The deal does include inventory valued at $15,000, which is included in the listing price.
The company has 18 employees and is located in a building with approx. square footage of 2,500 sq ft.
The building is leased by the company for $3,356.85 per Month
Why is the Current Owner Selling The Business?
There are all kinds of reasons why individuals choose to sell companies. Nonetheless, the real reason and the one they say to you may be 2 totally different things. For instance, they might state "I have a lot of various obligations" or "I am retiring". For numerous sellers, these reasons stand. However, for some, these might just be reasons to attempt to hide the reality of altering demographics, increased competition, recent reduction in profits, or a variety of various other factors. This is why it is really important that you not rely totally on a vendor's word, yet instead, utilize the vendor's answer along with your total due diligence. This will paint a more sensible image of the business's present circumstance.
Existing Debts and Future Obligations
If the current business is in debt, which lots of companies are, then you will certainly need to consider this when valuating/preparing your offer. Lots of companies take out loans with the purpose of covering points like stock, payroll, accounts payable, etc. Bear in mind that occasionally this can indicate that revenue margins are too small. Numerous organisations fall into a revolving door of taking loans 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 agreements with suppliers that need to be satisfied or may cause fines if canceled early.
Understanding the Customer Base, Competition and Area Demographics
How do operating businesses in the location bring in new clients? Often times, companies have repeat clients, which develop the core of their everyday profits. Certain elements such as brand-new competition sprouting up around the area, road construction, as well as staff turnover can influence repeat customers and also negatively impact future revenues. One essential point to take into consideration is the placement of the business. Is it in a very trafficked shopping center, or is it hidden from the main road? Obviously, the more people that see the business regularly, the higher the chance to construct a returning consumer base. A final thought is the basic location demographics. Is the business situated in a densely inhabited city, or is it located on the outskirts of town? How might the neighborhood mean home earnings influence future revenue potential?