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- RE: Turnkey Franchise Locations For Sale
- Contact: Stephen Lee
- License #: 567204
Quick Facts
Asking Price: | $900,000 | |
Annual Revenue: | $1,292,521 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $280,020 | |
Total Debt: | Not Disclosed | |
FF&E: | $150,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2002 | |
Employees: | 13 | |
BBN Listing #: | 982560 | |
Broker Reference #: | #001295 |
Business Overview:
Turnkey franchise locations for sale! A long-established food franchise with year-by-year growth and a stable workforce is now available for acquisition! This business was founded in 2002 by the current owner with three mall locations that are a rare commodity with long-term staff that has built a consistently growing and stable absentee operation. This franchise business sells an assortment of products and beverages and is regarded among the best in North America as a franchise. The mall locations of each operation are prime, with two mall kiosks and one brick-and-mortar store that are perfectly suited for this business with consistently high-volume foot traffic in the immediate area. The customer demographic is wide, including individuals and families with children. There is some competition selling similar products but lack this business's brand recognition. The brand name for this business is strong and is highly regarded among the top 100 bakery franchises in the world. Solid marketing is in place through corporate providing local ads and creating an online presence through social media outlets. Additionally, there are display stands and significant word of mouth surrounding the business. Marketing efforts directed towards catering to corporate gatherings and events would be the most beneficial for growing this business. Sales for this business have consistently grown in volume and profitability. The current owner manages the business at a higher level and manages these locations absent from daily operations. Everything is already in place for daily operations, including long-tenured managers that keep each location running smoothly and in good condition. This is a rare opportunity for an experienced owner that is ready to take over a profitable franchise in prime mall locations.
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Property Features and Assets:
There are three locations spread over two malls; each one is ideal for capturing the consistently high volume of foot traffic of shoppers that frequent the malls. Both malls are located nearby major highways and are convenient for providing catering services to nearby corporate gatherings and events. All equipment is in good condition at each location. / Inventory: $3,000 (Included in listed price).
Market Competition and Expansion:
Competition: There is competition selling similar products nearby. This business outshines competitors with its strong, globally recognized brand name and prime locations. / Growth and Expansion: Marketing efforts directed toward securing more catering opportunities for corporate gatherings and events would help to boost revenues significantly.
Reason for Selling:
Other OpportunitiesAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Documents:
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