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| Asking Price: |
$200,000 |
Status: |
Active |
| Business Type: |
Distribution - Food, Beverage Related | Retail - Others |
Reference #: |
N723 |
| Business Location: |
Tennessee |
Broker Coop: |
Yes |
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Annual Income Information |
Labor Information |
| Gross Sales: |
$345,618 |
Full-Time Employee: |
1 |
| Cash Flow: |
$91,697 |
Part-Time Employee: |
2 |
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Business Detail Information |
Lease Information |
| Form of Ownership: |
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Leased SqFt: |
1,440 SF |
| Year Established: |
1989 |
Rent /Month (Include NNN): |
$2,400 |
| Accounting Info(years): |
4 |
Lease Exp.Date: |
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| Franchise: |
Yes |
Original Lease (# of yrs): |
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| Liquor License: |
No |
Lease Left (# of yrs): |
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| Seating Available(#): |
0 |
Lease Option (# of yrs): |
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| Parking Space(#): |
0 |
Lease Renewable: |
Yes |
| Hours of Operation: |
Monday-Friday 8-5:30 Sat: 9-2 |
Lease Transferable: |
Yes |
| Reason For Sale: |
Owner wants to move out of state. |
Rent Increase: |
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| Seller Training Available: |
Yes (The owners will provide complete training for a negotiable period of time. In addition, the franchisor requires 2 weeks of their training.) |
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Price Description |
Financial Information |
| Real Estate Included: |
No |
Seller Cash Out: |
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| Real Estate Value: |
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Seller Financing Available: |
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| Fixture & Equipment Included: |
Yes |
Seller Financing Amount: |
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| Fixture & Equipment Value: |
$20,000 |
Seller Financing Term(years): |
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| Inventory Included: |
Yes |
Annual Interest Rate: |
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| Inventory Value: |
$12,000 |
Min. Down Requested: |
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Business Description |
Turnkey Franchise needs an owner/operator. This franchise is well known and has been around since 1980’s. All products are baked fresh daily and can be easily customized to fit whatever the customer wants. They have their own store front where the baking, decorating and gift wrapping is done in-house. Over 95% of sales are from their internet source. This company is ready for someone to take it to the next level. Experience in marketing will be helpful VERY low overhead expenses! For more details, please inquire. |
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