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SBA Approved - SDE! Established Franchise For Sale

Contra Costa County, California - North
Asking Price:
$425,000
Sales Revenue:
$449,000
Cash Flow:
$132,000

Rare opportunity to purchase an established franchise location of a well known baked goods company established in 1977 that has the highest brand awareness in the industry. Located in a large indoor mall, the current owner of 13 years completed a required $70K remodel in 2012 updating the franchise brand image. The current owner renegotiated a lease extension through 1/31/2021 with a $50K annual rent reduction beginning 2/1/2017. Clean books and tax records. Easy to operate business generating $133K for a full time working owner. The business could be operated absentee and still generate $100K annually for a new owner. Pre-Approved for SBA financing with 25% down

Property information

Real Estate:

Lease

Business Operation

Reasons for selling:

Retirement

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Yes

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