Listing ID: 84093
Nationally recognized SUBWAY franchise restaurant running successfully in a shopping plaza, Seller recently remodeled. Rent is based on the gross revenue makes business profiting with low overhead. Has reduced FAF fees which gives extra saving on yearly gross revenue. Seller has developed relationships with different companies that provide corporate lunch catering opportunities. Seller is busy with his professional job and unable to attend personally. Business has endless opportunity if managed by self. Not to miss it!
For more details call Wasim at 617-599-8185
Buyer need to sign confidentiality agreement
Information regarding business for sale is provided by seller and other
sources is not verified in any way by Green Star Realty or it’s salesperson,
and has no knowledge of accuracy of said information and makes no
warranty, express or implied, as to the accuracy of such information Buyer to
do his own due diligence
- Asking Price: $140,000
- Cash Flow: $43,000
- Gross Revenue: $251,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: N/A
This Business Is An Established Franchise
Why is the Current Owner Selling The Business?
There are all types of reasons individuals choose to sell companies. However, the true reason and the one they say to you might be 2 entirely different things. As an example, they might state "I have way too many various obligations" or "I am retiring". For numerous sellers, these factors stand. But, for some, these may just be reasons to try to conceal the reality of altering demographics, increased competition, current reduction in profits, or a variety of various other reasons. This is why it is very crucial that you not count entirely on a seller's word, but rather, utilize the vendor's answer together with your total due diligence. This will repaint a more sensible image of the business's existing situation.
Existing Debts and Future Obligations
If the current company is in debt, which lots of businesses are, then you will need to consider this when valuating/preparing your deal. Lots of operating businesses finance loans with the purpose of covering things such as stock, payroll, accounts payable, so on and so forth. Bear in mind that sometimes this can suggest that earnings margins are too thin. Numerous organisations fall into a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may additionally be future commitments to consider. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with suppliers that need to be satisfied or may result in charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do companies in the area attract brand-new clients? Many times, operating businesses have repeat clients, which create the core of their day-to-day revenues. Specific elements such as brand-new competitors sprouting up around the location, road building and construction, and employee turn over can impact repeat clients and also adversely impact future profits. One crucial thing to think about is the placement of the business. Is it in a highly trafficked shopping center, or is it concealed from the highway? Clearly, the more individuals that see the business regularly, the higher the chance to develop a returning customer base. A final thought is the basic location demographics. Is the business placed in a densely inhabited city, or is it located on the outside border of town? How might the local average house earnings effect future income prospects?