Famous Specialty Popcorn Shop!
Relocatable, TX Not Disclosed
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- RE: Famous Specialty Popcorn Shop!
- Contact: Walter Szuja
Quick Facts
| Asking Price: | $299,500 | |
| Annual Revenue: | $563,011 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $113,017 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $129,521 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2017 | |
| Employees: | 9 | |
| BBN Listing #: | 942681 | |
| Broker Reference #: | 071921-101878 |
Business Overview:
The business began after a 20+ year military career. We wanted to elevate our favorite snack into an "experience." We use unique flavors and recipes, influenced by our travels, to create memorable moments. The company began with a humble desire to make great popcorn, but quickly became a common thread within our community. We celebrate their birthdays, weddings, grand openings, and milestones, big and small. We ship worldwide to businesses, celebrities, sports teams, venues, universities, banks, etc. The company has won awards, been acknowledged in articles and newspapers, mentored, and has been on radio, and television.
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Property Features and Assets:
Monthly Rent: $7,331.67
Square Units (Foot, Meter): 2,250
Lease Expiration Date: September 30, 2024, 10:00:00 PM
Terms Options: 5 year extension option
Facilities: Great location, due to the proximity to the highway, with restaurants, a clinic, hair salon, and other busy businesses adjacent.
FF&E Overview: A detailed listing of all FF&E and original purchase price will be available for review.
FF&E General Condition: Everything is kept up and looks new.
Market Competition and Expansion:
Competition: In 2023, the snack industry grew to 256.56 billion dollars. This growth is particularly increasing in the healthy, ethnic, or nostalgic categories. Keeping ahead of trends will set you apart in both candy, and popcorn flavors, with an increase in earlier sales. By 2028, the snack industry is expected to grow to 559.26 billion dollars. There are only a couple competitors within our region. We are open longer hours than our competitors, and none are open 7 days a week. They do not make nuts, fudge, or cotton candy. Their menus are limited. They lack our techniques, and equipment for producing more products.
Expansion: We predict the biggest opportunities will come from our Wholesale program, and ability to accept grocery store requests.
Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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