Last Revised: 9/11/19. Posting #: 256086
Key Words: fast food, franchise, simi valley, ventura, absentee
Financial Info: Price: $125,000. Down: $25%. Adjusted Net: $71,601. Annual Revenues: $710,764. SDE is based on an owner operator model replacing current management structure with a working owner. SBA third party financing should be available for a qualified buyer with 25% down payment.
Profile: Great opportunity to own a well-established, 100% absentee owned and employee operated, turn key, fully functional franchised restaurant in the very desirable City of Simi Valley.
This business establishment with ample seating capacity attracts patrons for a quick business lunch to dinner with friends and family.
Additionally, current ownership dedicates almost no time and resources for advertisement and promotion of this business and most of its clientele is established repeat or referral, therefore, upside potential, additional revenues and resulting higher bottom line may be realized by actively engaging in advertisement campaigns and utilizing social media.
Sellers maintain a full complement of staff with high payroll related expenses, therefore, a higher bottom line may be realized for an energetic new buyer by controlling payroll related expenses.
Anchored by multiple national brand business establishments and strategically located in a very large shopping center with premium anchor tenants ensure large volume of vehicle and foot traffic.
Growth in surrounding area may result in higher traffic and added future potential.
Total Seller Discretionary Earnings (SDE): $71,601.
SDE is based on an owner operator model replacing current management structure with a working owner.
SBA third party financing should be available for a qualified buyer with 25% down payment.
Clean books and records, 100% absentee ownership, full complement of staff, busy major street location along with opportunity for expansion and growth presents a great acquisition opportunity.
Professional Resources & Contacts To Help You Close Your Deal!
Profile: If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
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Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
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Profile: Using my MBA and my perseverance, I will make things happen! I provide business brokerage niche services specializing in the hospice and home health care agency industry in the Los Angeles County or Ventura County areas. For either buying or selling assistance please phone or email me today.
Key Words: ralph santos, park regency, medical, medicare, medicaid, health maintenance organization, home health, hospice, certified home health aids, home health, in home care, rehabilitation, rehab, skilled nursing facilities, nursing, glendale, burbank, los angeles, ventura, riverside, santa clara, milpitas, la habra, orange, norwalk, moorpark, rancho cucamonga, pasadena, signal hill, paramount, west los angeles, van nuys, granada hills, stanton
Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
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Key Words: franchise, buying a business, business buyers, buying a franchise, spencer siegel
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Profile: Successfully buying a business is a difficult and time intensive task for business buyers. Now, imagine trying to buy a business that has many interested buyers. BizBenNetwork Senior Facilitator Manager Jordan Green gives buyers helpful advice for overcoming their competition and buying a business.
Key Words: jordan green, deal structure, purchase agreement, deal terms, buyer, business buyer, financing, post-deal terms, negotiating, transaction, buy a business, negotiator, negotiate, pre-qualified, transition
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