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Business For Sale
5540 - CARVEL / CINNABON
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Asking Price: |
$75,000
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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Personal issues |
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Year Established:
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2007 |
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# of Employees:
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6 |
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Yearly Revenues:
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$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 resale opportunity.
- This is not a distressed business or bankruptcy situation.
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