Asking Price: $295,000 Gross Revenue: $782,115Cash Flow: $130,793EBITDA: $130,793Inventory: $12,000 not included in asking priceFF&E: $100,000 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.
Founded in 1972, Popeye's is now one of the world's largest chicken quick service restaurants, with over 2,700 locations in the US and abroad. The brand stands out from the crowd because of its rich Cajun and creole flavors that are unique to Louisiana. Franchisor requires a minimum net worth of $1M with at least $500K liquid. Restaurant experience preferred. This location is absentee run, huge potential for owner-operator!
About the Business
Number of Employees:
4 F/T, 12 P/T
Building Sq. Ft.:
Located on a corner lot, intersection of May and Athens streets, one mile from Winder-Barrow Middle School, recreational park and Fort Yargo Camping Park. Nearby competition includes Zaxby's, Bojangles, Firehouse Subs, Subway, Taco Bell, and Wendy's.
Founded in 1972, Popeye's is now one of the world's largest chicken quick service restaurants, with over 2,700 locations in the US and abroad. The brand stands out from the crowd because of its rich Cajun and creole flavors that are unique to Louisiana.
Growth & Expansion:
Room for growth via new development as well as the acquisition of existing units.
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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
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