Fully Built Out Established Retail Food Franchise

Not Disclosed, ID

Asking Price: Annual Revenue:
$250,000 $98,740

Food & Beverage: Grocery & Food Stores

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RE: Fully Built Out Established Retail Food Franchise Broker: Brian Southworth

Quick Facts

Asking Price: $250,000
Annual Revenue: $98,740
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $62,300
Real Estate: Not Disclosed
Year Established: 2018
Employees: 5
BBN Listing #: 18124955
Broker Reference #: 8003-15208

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Business Overview:

Founded in 2008 by a group of talented individuals with a passion for life and a passion for food. The company was started with one goal in mind: to bring the finest selection of gourmet spices, herbs, hand-mixed blends, salts, sugars, teas, gifts and accessories to market...all within an environment that inspires culinary creativity and exploration. This business has a combination of old world charm and quality products augmented by the guidance and advice provided by their knowledgeable staff.

The start-up costs associated with purchasing a new franchise and the time and effort involved in taking the store from concept to reality can be avoided by purchasing this opportunity for $250,000 which includes a $10,000 franchise transfer fee. Doing so will save the new owner time and money because the Seller has done an excellent job completing the entire process and has set the stage for a successful operation at this location.

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Property Features and Assets:

Located in an open mall in a charming resort town in a mid-sized metropolitan statistical area this location is fully built-out and has been in operation since November 2018. The facilities include: Natural wooden beams and floors, Nautical and antique fixtures, Open and airy fresh-market feeling that invites exploring, Shelves and displays lined with apothecary-style jars and a trained team creating hand-mixed blends in store. Assets=$172,792

Market Competition and Expansion:

The Company sells its products to customers who visit their location and online via their website. The Company markets its products and services utilizing radio, television, newspaper, fliers, employee interaction in the community, online through their website and Facebook and Instagram accounts. The Company has 1,989 customers in their rewards program for this location. There are no direct competitors within several hundred miles of this Company's location. The industry is a growing and this franchise has experienced phenomenal growth and now operates 68 retail locations in 30 states. Potential for growth exist in building the brand name throughout the metropolitan area the company serves.

Reason for Selling:

Family Issues.

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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