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Retiring owners in the Philadelphia area have built a profitable gourmet popcorn business whose parent company is Dippin' Dots Ice Cream that maintains 100 plus licensees internationally. The purchase price of this highly-successful franchise is $469,000 which includes $320,000 in assets; this is 2.5x the Current Owner's Benefit of approximately $182,000. With two fully-operating kiosks in Willow Grove Mall ( PA ) and Cherry Hill Mall ( NJ), gross sales are $500,000. These kiosks may be run as an absentee owner or owner/ operator. Presently, the owners maintain 10+ licenses in the U.S. Both malls provide a desirable venue having strong anchor stores such as Nordstrom's' Macy's and Bloomingdales. Early success in these malls have generated interest and expansion possibilities in other local malls.
While providing all the benefits of a traditional, healthy snack food, this delicious gourmet popcorn is available in a vast array of appealing flavors. The popcorn is available in an assortment of bag sizes of holiday/specialty tins.Needless to say, the repeat business is extremely strong. Present owners will provide training and support, and will consider financing with $300,000 cash down. In addition, the sale includes the remaining license agreement, two fully-operating kiosks , two kiosks in storage, leased warehouse and two current LLCs.This is a solid, well-run business with OUTSTANDING growth potential !
Year to year at Cherry Hill Mall and 5 year lease at Willow Grove Mall.
Southeastern PA, Philadelphia area. Two very busy A+ malls (Willow Grove Mall and Cherry Hill Mall)
Two fully-operating kiosks in the aforementioned malls in PA and NJ
Additional kiosks in other local malls, license for 10 kiosks ( presently two are being utilized), catering, fund raising, expanding offerings and wholesale sales.
Owner is retiring
10:00 AM- 9:00 PM daily Sunday 11-6
Support and training will be offered for a month after purchase
Will finance with 300K cash down
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