Business Overview:
Founded in 2019, this Company is a popular and profitable Apple Spice franchise in a highly sought-after territory.
The Company has an optimal location, surrounded by many universities, government agencies, and various local businesses who consistently provide repeat business. The Company has demonstrated excellent growth rates, even during the COVID-19 pandemic, having experienced 40% year-over-year growth in 2020. Growth remained high in 2021, during which the Company grew revenue 30% over the prior year.
The Company is well-staffed with highly trained personnel. The Owner is seeking to sell the Company in order to pursue different business interests.
Apple Spice is a supportive franchisor that offers B2B catering and box lunch delivery, using bread that is baked fresh every day, and quality ingredients in every product. Founded in 1988, the Apple Spice franchise has grown from its original location to a nationwide company of nearly 50 stores.
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Property Features and Assets:
The Company operates out of a 2,000-square foot facility with a fully operational kitchen.
Market Competition and Expansion:
Investment Highlights Include:
(1) Large Exclusive Territory
(2) Quality Product Offerings
(3) Delivery Service
(4) Glowing Customer Reviews
Growth and Expansion:
(1) New Client Relationships
(2) Expansion Within Current Market
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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