SPECIAL FOOD SERVICE EDITION

This special food service edition includes restaurants, fast food, delicatessens, catering, coffee houses, and cocktail lounges.

BIZCOMPS 2007 is an annual study of over 1,713 actual food-service businesses sold totaling over $250 million dollars. These sales have been subdivided into a number of different categories to provide even more useful information.

• The sold businesses are compared by:
  
• Sales price to gross sales (Also graphed and with medians)
  
• Sales price to seller's earnings (Also graphed and with
• medians)
  
• Actual down payment versus all cash
  
• Rent as a percent of gross sales
  
• The value of furniture, fixtures and equipment
  
• The value of inventory at time of sale

This study consists of data supplied by CERTIFIED BUSINESS INTERMEDIARIES on 1713 recent FOOD SERVICE business sales from all parts of the United States.

Businesses have been sorted into groups such as-

1. All businesses with earnings to sale ration of 2.0+
2. All businesses sold for cash
3. All businesses sold with terms.
4. All businesses that sold for under $100,000
5. All businesses that sold for over $500,000
6. Restaurants with Cocktails
7. Full Service Restaurants
8. Family Restaurants
9. Breakfast & Lunch Only
10. Coffee Shops
11. Seafood Restaurants
12. Oriental Restaurants
13. Italian Restaurants
14. Mexican Restaurants
15. Fast Food Takeout
16. Fast Food Hamburgers
17. Fast Food Pizza
18. Fast Food Chicken
19. Fast Food Ice Cream
20. Fast Food Yogurt
21. Retail Delicatessens
22. Industrial Delicatessens
23. Office Building Delicatessens
24. Bakery Restaurants
25. Coffee Houses
26. Catering Businesses
27. Cocktail Lounges

The study includes a brief discussion of the conclusions one could make by studying the various groupings above.

Comparisons are also made of the Actual Sale Price to the Gross Sales, Actual Sale Price to Seller's Discretionary Earnings, Average Down Payments Made, Percent Rent Paid, Inventory and so on. Also, medians are now included.

The reader can clearly see the additional sale price discount required to encourage an all cash sale. Also, that larger food service businesses (over $500,000) sell for almost twice the cash flow multiple that smaller (under $100,000) businesses sell for.

The information presented is designed to provide insight into the businesses sold. It will be useful for Business Owners, Business Buyers, Business Appraisers, Business Brokers and their clients.

A few interesting new businesses included are: full service restaurants, restaurants with cocktails, cocktail lounges, family restaurants, breakfast & lunch only restaurants, coffee shops, seafood & chicken restaurants, Italian, Mexican & Oriental restaurants, hamburger & pizza fast food, take-out fast foods, ice cream & yogurt, retail, industrial & office delicatessens, coffee houses, food catering & more.

This special edition will be updated every 2 years with comparisons made to prior studies to identify trends.