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Can I sell a fast casual latin restaurant that has been in business for 4 years but is basically breaking even

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We are financial consultants to a group of investors whom we have their consent to manage their funds which is in our custody for cooperation in joint venture business investments.

Our areas of interest include Property Development and real estate, Health Care, Education and training, Mining and exploration, Energy, oil and gas,Technology, Software development, Agriculture, Manufacturing, Finance Services and Leisure.However, all viable proposals within reason will be considered.

Funds shall be made available to you as a direct investment loan at 3% interest rate per annual for a period of 2 or 30 years depending on what you prefer. You may contact us if you have interesting investment proposal for possible business collaboration for our study.

We look forward to your reply to enable us provide you with details or you may visit our website.

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Thank you.

Yours Sincerely
Jesse Peterson
phone: (980) 239-7539
email: info@interventionmortgagefirm.com
web: http://www.interventionmortgagefirm.com/

Aug 9, 2017
Satish Patel
Sunbelt Business Advisors
Middlesex County, MA
Premium Broker

Hi Perry,
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This increases your chance to fetch a better valuation.
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Confidentiality over entire deal is assured. Register with us at: http://www.sunbeltne.com/seller-inquiryform.aspx for our business broker to assist you one-to-one. You can check amongst our thousands of business for sale listings at: http://www.sunbeltne.com/buy-sell-business/business-for-sell/advanced-business-search.aspx.

Mark S., mark@sunbeltne.net

Jan 12, 2011
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Freedom Business Brokers
Orange County, CA

Pursell
First determin the cause why it is breaking even. If this is because of excessive payroll
or high rent or owner is absent .Highlight and pinpoint the cause.
Here is an example. I have listed one chinese restaurant in an open mall in food court
where is lot of foot traffic and therefore sales are high.Yet the seller is breaking even.
Hereare the reasons. 6 employees are running it so payroll is high. Second the rent is
outrageously high. To correct this situation first thing is that there has to be an owner operator so that
payroll is cut into half and COG is reduced as well as wastage/leakage by stealingis checked. Second renegotiate the rent with the mall based on slump in the economy.
So pinpoint the problem/s and tell the buyer they may be interested in buying it otherwise sell
as an asset sale where you get only 10Cents for every dollar invested.
Sid0653@hotmail.com

Dec 21, 2010
Michael Hamlar
Hamlar Enterprises, LLC
Roanoke City County, VA

Mr. Pursell,

I hope this finds you doing well. You posed an interesting question. In todays economy a lot of businesses are breaking even or losing money. However, if companies are able to sustain for a few more years research shows that the economy should bounce back. To answer your question I would say yes. We sold a fine food restaurant earlier this year that was doing bad and closed. You should base your price off the inventory and Furnitures, Fixtures, and Equipment. You may be able to add little if you have to sublease or something. I hope this is helpful. If you would like more information please do not hesitate to contact us toll free at 1-800-682-1950 ext 101. If we do not hear from you good luck.

Regards,

Michael Lawrence Hamlar
President & CEO
Hamlar Enterprises, LLC
Hamlar Business Broker
P.O. Box 3336
Roanoke, VA 24015
Office: 1.800.682.1950 ext 101
Fax: 1.800.682.1950
Website: www.hamlarenterprises.com
Email: mike@hamlarenterprises.com
Skype: MHamlar

Dec 18, 2010
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Yeah, Don's right. All you have is used FFE and a lease. If you can get somebody to buy it for FFE and they will take over the lease you should feel lucky. Don't expect much.

Dec 17, 2010
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The BAF Group LLC
MD

There are a lot of businesses with eroding Revenue and Profit, and the Owners are attempting to dump them. See...there is a bit of a slump in the current ecomony. There are also many that have exceptional Profits.

Dec 17, 2010
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I have looked at several business opportunities posted on this site and most are breaking even or losing money.

Dec 17, 2010
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The BAF Group LLC
MD

USUALLY, not for much. It is probably worth only the replacement cost, and replacement costs for a restaurant is pretty poor! Why would a Buyer want to take over something that has not really earned anything for four years? And why the dismal record of income? Is it location? Is it management? If it is location, why would anyone buy into another restaurant at that specific area? And if it is management, why would someone pay anything more than replacement costs, if turning it around and getting it profitable is a function of the Buyer's own efforts? Finally, if management is the problem, what is the Buyer going to have to do, in order to convince the public that it is now a better eatery? The Buyer has to overcome the negative that the Seller generated. That is the opposite side of "goodwill".

It can be done. But not at a great price, and it will not be easy.

Dec 17, 2010

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