Carvel - Cinnabon Franchise Manchester NET $124

Manchester, CT

Asking Price: Annual Revenue:
$269,000 $453,261

Food & Beverage: Coffee, Cafe, Dessert

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RE: Carvel - Cinnabon Franchise Manchester NET $124 Broker: Henry Galasso

Quick Facts

Asking Price: $269,000
Annual Revenue: $453,261
Net Profit: Not Disclosed
Cash Flow: $141,762
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 680535273
Broker Reference #: 12039

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Business Overview:

Cinnabon in a relatively easy franchise to Run in a mall Co-Branded with an EXPRESS Carvel what's an extremely well branded concepts. THE BRANDS SELL THEMSELVES. All the expenses are true and accurately supported by the company's POS system and the owners Financial Ledger. 2022 sales will be much higher approximately $50-80,000 more than in 2021. The unit is currently run owner absentee and with no manager. The current sales at $453,000 owner absentee has a true net income of $124,000. Cinnabon and Carvel have a very easy training process, royalties are extremely reasonable the return on your investment with this opportunity is under 2 yrs with huge growth opportunity. The lease has 8 years left and the bakery is virtually brand-new with no updates or upgrades needed. The cost to build this Bakery is $280,000 and owner operator at this location can you shave $50,000 off of the payroll making the return on this investment slightly over one year still with room to grow. Inventory $5k , Transfer fee per franchise agreement $7,500.00 is the buyers obligation. The parent company for Cinnabon owns Carvel making this relatively easy transition. 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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