Absentee Cinnabon Franchise CT - Nets $93k

Waterbury, CT

Asking Price: Annual Revenue:
$139,000 $331,000

Food & Beverage: Coffee, Cafe, Dessert

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RE: Absentee Cinnabon Franchise CT - Nets $93k Broker: Henry Galasso

Quick Facts

Asking Price: $139,000
Annual Revenue: $331,000
Net Profit: Not Disclosed
Cash Flow: $93,079
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 391035273
Broker Reference #: 12038

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Business Overview:

Great, simple easy to run franchise in a mall (corner location) what's an extremely well branded concept. All the expenses are true and accurately supported by the company's POS system and the owners Financial Ledger. When covid is over which we believe is now February 2022 sales will be much higher approximately $50,000 more than 2021. The bakery is currently run owner absentee and with no manager. We have a projections with an owner operator or an owner managed store please inquire within. The current sales at $331,000 owner absentee has a true net income of 93,000. Cinnabon has a very easy training process, royalties are extremely reasonable the return on your investment with this opportunity is under a year-and-a-half with huge growth opportunity. The lease has 7 years left and the bakery is virtually brand-new with no updates or upgrades needed. The cost to build this Bakery is
$225,000 and owner operator at this location can you shave $35,000 off of the payroll making the return on this investment slightly over one year still with room to grow. Please contact Henry Galasso.

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Reason for Selling:

Other business 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.

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