Seller's Contact Information
- RE: Well Established Gifting Franchise
- Contact: Doug Bodner
Quick Facts
| Asking Price: | $1,100,000 | |
| Annual Revenue: | $1,698,305 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $336,101 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2018 | |
| Employees: | 17 | |
| BBN Listing #: | 92282979 | |
| Broker Reference #: | 7748DB |
Business Overview:
Well established national franchise with two New Jersey locations union & Monmouth County located within 30 minutes of each other. The stores are run on auto pilot seller runs the business Absentee only putting in about seven hours per week. Revenue and cash flow reflects both locations combined, 75% WEB sales 25% retail. financing available to qualified buyer. Great opportunity for owner operator to add back additional profits and absorb some payroll. Numbers reflect absentee ownership. seller is detailed and can back into all figures. Last three years sales trends are up year over year. Must have great credit score, 400K liquidity & business experience to qualify with the franchise. 30k transfer fee per location $7,500 training fee.
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Property Features and Assets:
Two store front locations consist of a front retail area as well as a back kitchen prep area roughly about 1500 ft.² each located in prime-time downtown location with lots of foot traffic and on street parking
Market Competition and Expansion:
There is little competition in the market. The owner operator could expand into other locations.
Reason for Selling:
Seller is re-locating
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Documents:
Relevant Links:
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