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Sunbelt of Naples and Fort Myers

Red Hot Franchise Business In Charleston For Sale

Charleston, South Carolina, US
Asking Price:
$9,100,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$8,873,541
Cash Flow:
$2,797,556

This Franchise retail business is growing very quickly under the current ownership. Adjusted Net Profit has gone from around $800,000 in 2021 to over $3MM for 2022. Please do not contact Broker to ask what kind of business is this. First, sign the NDA and read the Confidential Business Review.
Facilities:
This location is on a month to month lease and a new long term lease is available for new ownership
Real Estate Available: No
Real Estate Included: No
Real Estate Description:
Located in a strip mall near Charleston, SC

Detailed Information:
Lender Prequalified: Yes
SBA Prequalified: Yes
Rent: $8,442.00
Owner worked hours per week: 15
Is Going Concern: Yes
Market Competition: This business has no competition for hundreds of miles

Property Information

Size in square feet:
8,700

Business Operation

Reasons for selling:

Other business interests

Employees:
Full Time: 25, Part Time: 2
Years established:
6

Franchise Information

Franchise opportunity:

Yes

Other Information

Support & training:

The full management team will stay with the business. Owners may also stay if they are asked to manage it in the future.

Financing available:

Downpayment Required: $3,635,000.00
Financing is available

Furniture / Fixtures value:
$130,000 - included in the asking price
Inventory / Stock value:
$150,000 - included in the asking price
Relocatable:
This business can be relocated.