Gourmet Popcorn Shop in Prime Location

Not Disclosed, TX
Dallas County

Northeast Dallas

Asking Price: Annual Revenue:
$199,000 $367,732

Food & Beverage: Production - Bakery, Farms, Winery

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RE: Gourmet Popcorn Shop in Prime Location Broker: Stephen Lee

Quick Facts

Asking Price: $199,000
Annual Revenue: $367,732
Net Profit: Not Disclosed
Cash Flow: $79,536
Total Debt: Not Disclosed
FF&E: $65,000
Real Estate: Not Disclosed
Year Established: 1982
Employees: 4
BBN Listing #: 466719188
Broker Reference #: 000778

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Business Overview:

Premium gourmet popcorn shop placed in a high-income community hub is available for acquisition. This business was originally established over three decades ago in 1982 and was later acquired by the current owner of the business in 2012. In 2017, the current owner of the business relocated the shop to another suite within the same retail strip center and completely renovated the interior with some new equipment as well as design. Most of the customers are middle to upper-class families and individuals that has consistently bought popcorn from this business over the last several decades as loyal customers. While many of the families live in the surrounding densely populated residential neighborhoods, some of the sales consists of corporate accounts that order each year and is increasing every year. Gross sales is $360,000/year that has dropped compared to 2017 due to relocation, but many of the loyal customers are back at the location as well as improved parking spaces for all customers. Corporate accounts contribute to 5% of the total sales and have been increasing each year as word of mouth spreads within the corporate world. Margins for the business is superior to many businesses within the food industry and easily makes large returns in cash as the sales increase. Competition in the area is non-existent as there's no other gourmet popcorn shop or business that specializes in any type of popcorn sale. Various avenues of marketing has yet to be utilized that can increase the potential cash flow and acquisition of new customers as well as corporate accounts. There are many ways to proactively market this business such as promotional flavors, direct mailing, flyers to offices, 3rd party delivery services, social media outlets and increasing corporate accounts. Social media outlets as well as local delivery services will provide immense attraction to the business that will increase acquisition of new customers outside the loyal customer base. This gourmet popcorn shop has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.

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Property Features and Assets:

This business is located in a 2,160 Square Feet space of a retail strip center that has gone through construction of the parking lot. Ample parking is available for the business while many of the equipment within the business were upgraded. / Inventory: $10,000 (Included in listed price).

Market Competition and Expansion:

Competition: There are no competitors within the immediate market area that has the same concept as this business. / Growth and Expansion: Some marketing is in place through social media outlets and through print AD, but other marketing methods needs to be utilized to generate more cash flow.

Reason for Selling:

Family Reasons / Other Opportunities

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 not a franchise resale opportunity.

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