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New Stand Kiosk Franchise In Busy Mall Location
Location: United States -> Connecticut -> Fairfield County
Industry: Food and Beverage > Other Food and Beverage




Business Summary

News Stand Kiosk (Franchise) in Busy Mall Location. This kiosk has been established for over 20 yrs. in a high-end mall location. They sell general convenience items at a tremendous margin, approx. 55%. THAT IS NOT A TYPO. The margins are much higher due the location and virtually no competition. In the past year, the business grossed approx. $350,000.00 with an owner/operator cash flow of approx. $90,000.00. LOTTO COMMISSION WAS APPROX. $25K IN THE PAST YEAR. The overhead is minimal, with a rent of $5k/mth. that includes water, electric, garbage, etc.). They are open the typical mall hours, M-Sat.10am-9:30pm, Sun 11am-7pm. We are seeking a serious and financially qualified buyer with at least $165K in liquid funds to cover the downpayment, inventory and rent security. Any buyer must have good credit for mall lease approval.

If you meet the criteria, please call Mel Vaz at 1-877-735-5224.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $350,000
Cash Flow:   $90,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  1997
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Seller will train buyer.
Reason For Selling:  Moving on.

Photos

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New Stand Kiosk Franchise In Busy Mall Location Photo 1




Print Listing Id: 700284007
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Connecticut Businesses For Sale > Connecticut Franchises For Sale > Connecticut Business Brokers



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