Brief Business Summary selling a business explained by bizology business brokers

 

 

Business Name and Date

1. LENGTH OF TIME IN BUSINESS

A. 1 year (1 point)
B. 3 years (2 points)
C. 5 years (3 points)
D. 7 years (4 points)

2. LOCATION

A. Fair (1 point)
B. Good (2 points)
C. Excellent (3 points)

3. TIME LEFT ON THE LEASE

A. Less than 5 years (0 points)
B. 5 years (2 points)
C. 10 years (3 points)
D. 10+ years (4 points)

4. VOLUME INCREASE OR DECREASE EACH YEAR OF THE PAST THREE YEARS

A. Increase (5 points)
B. Decrease (0 points)

5. The owner is "KEYMAN" to the business

A. YES (0 points)
B. NO (3 points)

6. REPUTATION OF THE BUSINESS

A. Good (1 point)
B. Excellent (2 points)

7. OWNER CARRY FINANCING

A. Yes (4 points)
B. No (0 points)

8. CASH FLOW

A. 5% (2 points)
B. 7.5% (5 points)
C. 10% (8 points)
D. 15% (11 points)
E. 20% (15 points)

TOTAL POINTS ______

 

1. TOTAL POINTS ______ divided by 40 (possible points) = point %

2. % of 200 = cap

3. cap X restructure cash flow of $ = $

 

 

GENERAL INFORMATION

 

(business name)

(address)

(city)

Type of business ____________________ Telephone _______________________

Building structure __________________ Space occupied __________________

Property dimensions (front feet and depth) _______________________________

Parking ____________________________________________

Own or lease __________________ Lease amount per month __________

Time left on lease __________________ Options _________________________

Name of businesses adjoining on each side ____________________________________
_____________________________________________________________________

Number of seats in bar _______ Dining room ________ Other __________

Check average: Breakfast _________ Lunch _________ Dinner _________

Food/beverage percent of gross sales: Food _______ Beverage __________

Gross sales: 1997 ___________ 1996 ___________ 1995 __________

Number of employees: Full time _______ Part time _______

Business hours: _____________________________________________________________

Remarks: _________________________________________________________________

_________________________________________________________________________

Date___________________ Owner's Signature____________________________________

 

 

FOR ILLUSTRATION PURPOSE ONLY PRELIMINARY CASH FLOW REPORT

(Business name):

(address) * (city)

SALES AND COST OF SALES - PREVIOUS 12 MONTHS

Actual Percentage

Sales - food

Sales - liquor

Sales - other

TOTAL SALES

Cost of food

Cost of liquor

TOTAL COST OF SALES

ADJUSTED GROSS PROFIT

 

FIXED EXPENSES

Rent

Common Area

Taxes

Licenses

Personal Property Tax

Real Estate Taxes

TOTAL

 

PAYROLL

Wages - hourly

Wages - Salary (manager)

Payroll Taxes

Medical Insurance

Unemployment Tax

Casual Labor

TOTAL

 

CONTROLLABLE EXPENSES

Advertising

Legal & Accounting

Credit Card Fees

Insurance

Janitorial

Laundry & Linen

Office Supplies

Bar Supplies

Restaurant Supplies

Cleaning Supplies

Kitchen Small wares

Paper Supplies

Repairs/Maintenance

Telephone

Utilities

House Promotion

Other - Associations, Tourism

Other - Bad Checks

TOTAL

 

TOTAL OF ALL OPERATING EXPENSES

ADJUSTED GROSS PROFIT

ALL OPERATING EXPENSES

CASH FLOW

 

 

DESCRIPTION OF FACILITY

QUANTITY & TYPE OF EQUIPMENT

 

LEGAL MATTERS

 

(kinds/copies of licenses)

 

 

LEASE REVIEW

 

Lease reviewed:

Address of property:

Original lease date: Expiration date:

Renewal provisions:

Assignability:

Base rental per month:

Escalator:

Deposit:

Taxes paid by:

Insurance paid by:

Additional fees (utilities or parking):

Option to purchase to real estate:

Second position on furniture, fixtures and equipment:

Sign:

Special provisions:

Lessor - name:

address:

phone:

Remarks:

 
 
 
 
 
 
Bizology - the study of business for sale

Bizology.com

email to : info [at] bizology [dot] com
Chambersburg, PA 17201-1712
 
 
 
BUYING* * FOR SALE * CONTRACTS - FORMS * FINANCIAL * REFERENCE * TAX - LEGAL * BOOKSTORE *
* SELLING * | buyer questions | buyers ask | seller finance | business disclosure | seller proceeds |
| information list short | business information long | records needed | seller questions | seller non-disclosure |
| seller carryback notes. | seller mistakes | partner fraud | business requests | | main index | | you are in SELLING now |

 

 

Click Here!