Business Overview:
Brand new franchise, opened late 2011 in a great location. It's already a huge success averaging gross sales of $25,000 per week. Over $400,000 in leasehold improvements provided by the landlord and repaid through rent. Classy place with a great concept. Fully trained management team in place. Owner is absentee. 5% monthly royalty on gross sales. To qualify, the buyer must have FICO greater than 680; assets greater than $125,000; Net worth greater than $750,000. Franchise rights for all of Volusia County. No food and tight margins. This is "turn-key", up and operating. Priced right for a quick sale.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Brand new establishment with all new furnishings and buildout. Located in a strip mall centrally located to colleges and universities. Great franchise with strong following.
Franchise requires training in Tampa at buyer's expense
Market Competition and Expansion:
Franchise concept is unique and well received. Large and very attractive facility provides great atmosphere and opportunity for private functions. No food served, just beer and wine providing tight cost controls.
Sales will be grown through special functions, entertainment and outside events.
Reason for Selling:
Absentee owner, other interests.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
Resources: