Asking Price: $950,000 Gross Revenue: $472,616Cash Flow: $123,813 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $5,000 included in asking priceFF&E: $65,000 included in asking priceReal Estate: $750,000 not 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.
Prime location free-standing franchise frozen dessert shop with drive-thru and patio is available for acquisition. This business was originally established over a decade ago in 2007 by the current owner of the business. Most of the customers are families with children of all age groups and demographic that lives in the surrounding densely populated residential neighborhoods. The visibility of this business is one-of-the-best in the area that can be easily spotted from the intersection and is placed optimally for easy accessibility. Net sales have in the rage of $500K-550K/year that has consistent over the last 3-4 years of operation with the help of corporate marketing and some local marketing from the owner of the business. Although corporate marketing is in place to help the business, other proactive marketing methods within the local area will be beneficial to the future growth of cash flow and acquisition of new customers from untapped areas within the city. Competition can be expected for many franchise businesses, but there is no competitor within the immediate market area that has product similar to this business. There are many ways to proactively market this business such as direct mailing, coupons, social media outlets and full-time owner involvement. Full-time owner-operator for this business will be extremely beneficial to the cash flow since this will cut unnecessary payroll expense for management and increase the overall quality of service as the owner will be there to delegate. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.
Listing ID #000679
For more info, please call Moon Kim at 1-866-519-2421.
About the Business
Denton County, Texas
Number of Employees:
Building Sq. Ft.:
This business is located in a 1,918 SF freestanding building (1,378 SF of inside and 540 SF of outside covered patio) with a drive-thru installed that has high visibility from the street and is easily accessible. All equipment is in impeccable condition and in working order.
There are no competitors within the immediate market area of this business.
Growth & Expansion:
Corporate provides some marketing nationwide and the owner with some local marketing, but other proactive marketing methods needs to be utilized to reach full potential.
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
full Terms & Conditions.