Listing ID: 83187
This health food business for sale is located in Jackson Mississippi with revenues averaging $270,000. Providing services for both business and residential customers. With a local population of 160,000, this business experiences a high rate of customer satisfaction as evidenced by glowing online reviews and referrals. This franchise is well established and has a fully trained staff of loyal and enthusiastic employees.
- Asking Price: $174,027
- Cash Flow: $26,378
- Gross Revenue: $268,949
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2019
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:4
- Furniture, Fixtures and Equipment:N/A
Seller will also assist in transition for the new owner. Contact us today for more information on this listing, see its potential, meet the owner, make offer!
Other Business Demands
The Franchisor has a high unaided brand awareness of any company in this industry and has brand management strategies and national marketing campaigns that create business for its franchises.
This Business Is An Established Franchise
The venture was started in 2019, making the business 3 years old.
Why is the Current Owner Selling The Business?
There are all sorts of reasons people resolve to sell companies. Nonetheless, the genuine reason vs the one they say to you might be 2 totally different things. As an example, they might claim "I have too many other commitments" or "I am retiring". For lots of sellers, these factors are valid. But also, for some, these might simply be excuses to try to hide the reality of transforming demographics, increased competition, recent decrease in incomes, or a variety of other reasons. This is why it is really crucial that you not rely absolutely on a seller's word, but rather, make use of the seller's answer in conjunction with your overall due diligence. This will repaint a more sensible image of the business's existing scenario.
Existing Debts and Future Obligations
If the existing entity is in debt, which numerous businesses are, then you will need to consider this when valuating/preparing your offer. Lots of companies take out loans so as to cover points such as supplies, payroll, accounts payable, and so on. Bear in mind that in some cases this can indicate that profit margins are too tight. Numerous companies fall under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may likewise be future commitments to take into consideration. There may be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with vendors that need to be satisfied or might lead to penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the area draw in brand-new consumers? Many times, businesses have repeat customers, which create the core of their day-to-day revenues. Specific variables such as brand-new competition sprouting up around the area, road building and construction, as well as employee turnover can influence repeat customers and adversely impact future earnings. One vital thing to think about is the placement of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Obviously, the more individuals that see the business on a regular basis, the better the opportunity to construct a returning client base. A final idea is the general location 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 average household earnings influence future income prospects?