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This is a new one. This ones books are clean and there is account of everything. The owner looks like a good guy and even pays 30k per year in employee benefits. I dont know what that is though. How much does your employee benefits cost you? That one the broker wasnt willing to let me ask my...

its a small Canadian town with population of about 80,000. There arent many offices around the shop. 90% of their business is residential/home delivery and rest is take out.

How much growth do you think is possible. Also please provide your reasoning, so that I too can rationalize it. Thank you

LOL! I think in this case, the seller says there are 18000 house holds/house addresses in their delivery area and 4000 of those are his customers. He tells me there is room to increase revenue by targeting those households with marketing. But I dont know if that is possible or not. The...

A pizza delivery business I am reviewing claims to have 3000 households as customers out of a total of 18000 households in their delivery area. This works up to be around 16.6% market share. From what the seller tells me, he doesnt do any couponing or discounts. the only marketing he does...

Great thanks for clarifying and the additional info.

Thanks! Since we dont do delivery, I wonder if I can save on those 6 drivers. So your case of 1200/hr sales divided by 15 people staff = $80 revenue/hr/staff member Extrapolating your numbers for my scenario with no delivery drivers, 1200/hr sales divided by 9 people staff = $133...

Great point on the 12.6%. I have added it to my wages math. phew I knew the industry runs on margins, but didnt fully comprehend the fact until I put all the numbers in excel and noticed that 2% difference in my wage calculations as a result of payroll taxes etc, ate up 14,000 in profits.

Would one of those 4 people be your delivery driver. As we don’t do delivery, wondering we would be saving on that extra resource.

I am looking at a sandwich shop to purchase and figured I get a sense of their labor costs by mapping it out via their schedule. I got the following info from the seller: Revenue for busy and slow months Employee schedule for last week percentage of revenues for various time slots (70% lunch...

Great info. Thanks.

No issues. You got me wondering too how can you not be making money. I am curious to know the answer.

Are there any industry benchmarks on the percentage difference between typical listing price and the final sale price? Also, if a business is sliding down 5% because of lack of interest in business from the sellers and personal issues between the business partners (sellers), how will that...

Compare against this below. You said your food is at 25%, rent at 4.1%, and 13000 in weekly revenues = 624000 annual revenue. even if we have 40% wages, you still should make 100,000+. Is your labor more than 40%? Income 624000 Cost of operating Food Costs 156000 25.00% Wages & Salaries...

No issues. I can understand.

From reviewing financials of various businesses of late while looking to purchase a business, your issues could be []you product is not priced right (needs to be higher) []Your rent could be the culprit (should be around 10% of gross ) []You are not doing enough volume or sales []Staff and...

What was the asking price for the shops below and how much did they get sold for?

Just to give an update, I am no longer pursuing this store. Too many red flags for me and no way to confirm or deny anything. When I met broker, he wanted me to give him the questions beforehand, that I wanted to ask the owner directly. That was the last straw. Plus info provided was...

If you are going to build a POS I super strongly recommend you get an developer as a partner/co founder, especially if this is your first software project, to ensure that the code your development team writes is of acceptable quality. Software testing & quality assurance is also extremely...

Did you figure this out? How are those display cabinets? Or did you go with some other solution?