Asking Price: $3,500,000 Gross Revenue: $3,568,000Cash Flow: $568,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $2,250,000 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.
This is a rare opportunity to purchase a Network of 3 Popeyes stores in Upstate NY. These are all state-of-the-art locations. The stores are located near each other which makes the network easy to manage. They have excellent highly visible locations, some Free-Standing Buildings with Drive-Thrus. The stores have a rent factor of about 7% of sales with long term leases and with long franchise terms in place. These are PROFITABLE stores with earnings of 15% and all operated with a management team as the Seller is a Multi-Unit Operator. A new hands-on owner/operator could increase sales, reduce expenses and increase the overall performance of this network.
This is a tremendous opportunity to join the Popeyes brand, which started in 1972 and today has over 2,700 restaurants in the US and around the world. Popeyes offers comprehensive training and operational support to increase business value and operational efficiency. In addition, it has powerful local and national marketing programs. Popeyes recently launched a new delivery system with Uber Eats in some markets with a plan to roll the program Nationwide, which will increase sales. To be approved by Popeyes the buyer must have experience operating multi-unit fast food franchise brands or similar. Please refer to listing number 13952 when inquiring about this opportunity.
Network of 3 Popeyes Chicken Franchises in Upstate NY
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