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Asking Price:	$725,000 USD USA Dollars
Business for Sale Industry:	Food & Beverage: Non-classifiable
Reason for Selling:	Retirement
Year Established:	1996
# of Employees:	1 Full Time, 6 PY
Yearly Revenues:	$612,000
Yearly Net Profit:	$233,000

Business for Sale Overview:

This attractive premium chocolate shop is situated in a prime, high volume foot traffic location together with other high end retail shops. It is well run by an experienced, successful franchise owner who has had the shop since inception. Since the current owner works an average of thirty hours per week this could be an excellent opportunity for a full time owner/operator, husband/wife team, or an absentee owner. The premium chocolate market in the US is continuing to expand, providing opportunity for sustained growth.

Property Features and Assets:

The setting is attractive and unique, a one-of-a-kind for the franchise. The business operates in a 2,000 square feet leased space with both street access and atrium mall access. Well situated to take advantage of high foot traffic volume. Neighboring retail is typically high end clothing and collectibles. Base rent is $3,180 per month.

Market Competition and Expansion:

There is only one local confectionery products competitor whose product line and quality do not compare. Sales of premium chocolates have grown 20% since 2001 and are expected to continue. US chocolate sales are expected to increase from $16 billion in 2006 to $18 billion in 2011 with premium sales increasing to 25% of the market. The product typically continues to sell well even as the overall economy experiences weakness in consumer demand.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner may be 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.