Listing ID: 81615
Business Overview
Great opportunity to purchase a successful franchise selling international pastries online and in-store. Currently, they sell to parties who either have a craving or want to give them as a gift. With the right mix of savvy media exposure and creative retail background, the new buyer has the prospect to expand into bridal and baby showers, bat mitzvahs, and more. Pop-up shops would also increase the exposure of the products. For more information, call 314.548.2153 or info@premierbb.com.
Financial
- Asking Price: $400,000
- Cash Flow: $166,115
- Gross Revenue: $575,054
- EBITDA: N/A
- FF&E: $4,500
- Inventory: $17,000
- Inventory Included: N/A
- Established: 2020
Detailed Information
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:300
- Lot Size:N/A
- Total Number of Employees:5
- Furniture, Fixtures and Equipment:N/A
Building Lease- 300 sq. ft.
Yes
Entrepreneurship is not beneficial for family balance
Add Catering & Pop-Up Events
This Business Is An Established Franchise
Additional Info
The company was founded in 2020, making the business 2 years old.
The transaction won't include inventory valued at $17,000*, which ins't included in the suggested price.
The company has 5PT employees and is located in a building with approx. square footage of 300 sq ft.
The building is leased by the company for $4,500 per Month
Why is the Current Owner Selling The Business?
There are all sorts of reasons why people choose to sell companies. However, the genuine factor vs the one they tell you might be 2 completely different things. For instance, they may state "I have way too many other commitments" or "I am retiring". For many sellers, these reasons stand. However, for some, these might simply be reasons to attempt to conceal the reality of altering demographics, increased competition, current decrease in earnings, or a range of various other factors. This is why it is extremely important that you not count completely on a seller's word, however rather, use the vendor's solution along with your general due diligence. This will repaint a much more realistic image of the business's present scenario.
Existing Debts and Future Obligations
If the existing business is in debt, which many companies are, then you will need to consider this when valuating/preparing your offer. Many businesses borrow money in order to cover things such as stock, payroll, accounts payable, so on and so forth. Remember that in some cases this can imply that revenue margins are too thin. Lots of organisations come under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may also be future obligations to think about. There might be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with vendors that should be fulfilled or may lead to fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do operating businesses in the area attract brand-new clients? Many times, operating businesses have repeat clients, which develop the core of their everyday earnings. Certain factors such as new competition growing up around the area, road construction, as well as employee turn over can influence repeat consumers as well as negatively impact future earnings. One important point to take into consideration is the area of the business. Is it in a highly trafficked shopping center, or is it hidden from the highway? Undoubtedly, the more individuals that see the business on a regular basis, the better the opportunity to construct a returning customer base. A last idea is the general area demographics. Is the business located in a densely inhabited city, or is it situated on the outside border of town? Just how might the neighborhood typical house earnings effect future earnings prospects?
