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Business For Sale
FAST CASUAL FRANCHISE FOR SALE
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Asking Price: |
$135,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Coffee, Cafe, Dessert
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Reason for Selling:
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Owner is now a full-time Franchiser area manager |
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Year Established:
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2006 |
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# of Employees:
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3 |
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Yearly Revenues:
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$203,000 |
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Yearly EBITDA:
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$51,000 |
Business for Sale Overview:
** PRICED REDUCED TO $135,000 FOR QUICK SALE ** This high end fast casual franchise was opened in late 2006 and has shown sales growth each year. The company’s products include fresh baked cookies, ice cream and non alcoholic beverages. The café consistently delivers high-quality products with a well known, international, powerful brand. Franchiser believes that additional opportunities exist in the El Paso market with this franchise and would be happy to give potential buyer opportunity to grow the business by adding other locations in other areas of the city. This business would be a good fit for an entrepreneur wanting to get into a well known franchise with a powerful brand, great reputation, an established customer base and with lots of upside potential. Open 10am-9pm Mon-Sat, 10am-6pm Sun.(Gross Sales and EBITDA based on 2007 actuals).
Property Features and Assets:
The company is located in a high traffic, high end Shopping Center in West El Paso. 500 square feet @ $3,900 per month. Lease expires 2016.
Market Competition and Expansion:
This type of business is competitive, but is somewhat isolated from other competition due to its location in a high traffic shopping mall. As the franchise has been open less than 2 years it is still experiencing growth. Current owner is absentee and he believes that significant additional growth in sales and profits would be likely with an owner more involved in day to day operations. In addition, this franchise offers catering opportunities which the current owner has not aggressively pursued.
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 resale opportunity.
- This is not a distressed business or bankruptcy situation.
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