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- RE: Charleston SC Cinnaholic Bakery (Resale)
- Contact: Steve Josovitz
- License #: 164878
Quick Facts
Asking Price: | $25,000 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2023 | |
Employees: | Not Disclosed | |
BBN Listing #: | 935639 | |
Broker Reference #: | 6142 |
Business Overview:
Charleston South Carolina Bakery Cafe for Sale – Incredible Historic Downtown Location – Keep or Convert – $25,000
(This is an Open and Operating Business. Please be respectful and do not make any attempt to contact or speak to Staff, Management, Landlord, or Ownership. Documentation and Inspections will be provided upon request)
Charleston South Carolina Cinnaholic Bakery National Franchise for Sale
Located at 415 King St Suite B, Charleston, SC 29403.
950/SF.
Absentee Owner unable to grow business.
Opening costs almost $400,000.
Monthly rent $8,000 All-In.
8-year lease with Options to Renew for additional term.
Total term if renewal periods are exercised is 18-years.
Unit open April 2, 2023.
This unit with a 100% absentee Owner is doing $30,000 monthly.
Break-even status could change with hands-on Owner.
Keep Cinnaholic or convert.
Transfer fee $17,500.
Royalties are 8%.
Keep or convert.
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Property Features and Assets:
950/SF.
Absentee Owner unable to grow business.
Opening costs almost $400,000.
Monthly rent $8,000 All-In.
8-year lease with Options to Renew for additional term.
Total term if renewal periods are exercised is 18-years.
Transfer fee $17,500.
Royalties are 8%.
Market Competition and Expansion:
Break-even status could change with hands-on Owner.
Keep Cinnaholic or convert.
Reason for Selling:
Absentee owner.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
- View more South Carolina businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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