Listing Price: $374,993
Call 615-292-0636

A successful buyer will benefit from this established and impressively profitable business operating in two corporate facilities. Under the lease terms, this cafe is unusually profitable as it operates rent free with neither utility nor maintenance expenses. On top of that, a subsidy is paid every month to the business owner based on monthly revenues. The buyer will enjoy an established staff and on-site cafe shift management at one or both locations providing day-to-day operational oversight.

Pricing includes an Area Development Agreement to be transferred to the buyer thereby conveying the right and obligation to open or sell additional locations in Tennessee at a reduced franchisee fee and at a reduced royalty rate (the royalty rate reduction applies to the two existing locations). Pricing of this business also assumes that the buyer replaces the management position in one location. Should the buyer chose to retain both managers currently in place, Discretionary Earnings is reduced by $25,000 but the buyer is relieved of daily operation duties.

This is a franchise concept, so recipe research and operational training is provided by the franchisor. Nonetheless, the seller will assist during transition to transfer the existing relationships with facility management, suppliers, employees, and will also train for operational procedures.