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Pennsylvania Business For Sale

 

5540 - CARVEL / CINNABON


Attn: Not Available
Montgomery County, PA, USA
Listing Number: "5540"
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Asking Price: $75,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Coffee, Cafe, Dessert
Reason for Selling: Personal issues
Year Established: 2007
# of Employees: 6
Yearly Revenues: $198,000



Business for Sale Overview:
Montgomery County, PA. Outstanding dual franchised location inside and out. Must see to believe! Almost $400K was spent by seller to open this remarkable Carvel/Cinnabon store, located in Montgomery County in an area where the recent growth is unprecedented. Shopping center endcap location that includes an ACME superstore and a Home Depot (coming soon). A new Target, Giant, Rite Aid and much more retail on the way. Additionally, a brand new high school will be opening just up the road from this center. Store has all of the latest equipment and looks great! Absentee owner leaving opportunities unrealized! Royalties between 6% and 7% of gross sales blended between the two franchises. Carvel will work with a new franchisee with respect to royalties and advertising for first year. Cash flow projected is for one full-time owner/operator.



Additional Details:
  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise opportunity.
  • This is not a distressed business or bankruptcy situation.

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