OPENED IN 2018
The Business is located in the heart of a college town with unrivaled foot traffic. Opened in 2018, the Business quickly became a top-performing location in this exclusive, growing franchise group and continues to grow in popularity and sales. The Business routinely has a line of customers out the door.
The Owners are remote and want to sell to devote more time to their family and other business ventures. Training will be provided by the Owners, as well as the supportive franchise.
- Asking Price:
- $400,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $620,000
- Cash Flow:
- $80,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
6/30/28 expiration with extensions available.
- Leasehold Rent:
-
$74,000 per annum
- Living Accommodation:
-
N/A
- Location:
-
It is located in a high-end, heavy foot-traffic shopping center in a college town.
- Premises Details:
-
1,805 sq. ft. retail building with seating and serving counter and a full kitchen.
- Size in square feet:
- 1,805
- Planning Consent:
-
N/A
Business Operation
- Expansion Potential:
-
Additional investment in marketing, expansion, and a food truck are all growth and expansion opportunities.
- Competition / Market:
-
More than enough demand in this college town versus supply.
- Reasons for selling:
-
Owners are remote and want to exit to focus on other ventures.
- Trading hours:
-
Sun-Mon 12pm-10pm
Fri-Sat 12pm-11pm
- Employees:
- 11
- Years established:
- 6
Franchise Information
- Franchise opportunity:
-
Franchise Resale
- Franchise terms:
-
6% Royalty Fee
Transfer Fee
Other Information
- Support & training:
-
Training will be provided by the Owners, as well as the supportive franchise.
- Furniture / Fixtures value:
- $32,000 - included in the asking price
- Inventory / Stock value:
- $2,500 - included in the asking price
