Asking Price: $1,295,000 Gross Revenue: $1,683,605Cash Flow: $303,046EBITDA: $303,046Inventory: $19,000 included in asking priceFF&E: $500,000 included in asking priceShare 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.
Projected cash flow for 2018 365K due to higher 2018 sales!
Five Guys was founded in Washington DC in 1983 and began franchising in 2003. Currently there are over 1,000 locations nationwide, and the brand is sold out of new development agreements in the US. Franchisor requires minimum of $1.3M net worth with $500k in liquid assets.
Given 2018 profit margins and upward sales trend with the recent remodel, these units are projected to make $340K+ in net profit by the end of 2018.
About the Business
Number of Employees:
All FF&E in good and working condition.
Nearby competition includes Number 1 Wok, Papa John's Pizza, Checkers and Arby's. Less than 3 miles from the beach!
Nearby competition includes Sonic Drive-In and Caddyshack Bar and Grill.
Growth & Expansion:
Room for growth exists in brand via new development as well as the acquisition of existing units.
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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