Absentee Owners looking to Sell 4 Very Successful and Easy to Run Franchise Stores located in South Carolina. All of these are in the Myrtle Beach Area, which was just listed as the 3rd fastest growing metro in the US. We can train anyone to run these stores in 1 week even though the 2017 gross sales exceeded 2 million. This franchise has consistently been one of the Top 50 companies into which invest, but still only has 100 locations nationwide.
About the Business
Rented storefronts in high traffic areas.
Myrtle Beach is a growing market with no direct competition of its kind.
Growth & Expansion:
With only 4 stores covering the entire Myrtle Beach area, there is room for adding at least 2 to 4 additional stores.
To concentrate on expanding same franchise in home state.
1 to 2 weeks in person training with additional 2 weeks of phone support (if needed).
Ad Detail Views:
Asking Price: $995,000 Gross Revenue: $2,300,000Cash Flow: $240,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $80,000 not included in asking priceFF&E: $50,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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