Retail & Internet Bakery, Donuts & Popcorn
Location:
United States
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Wisconsin
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Janesville
Industry: Food and Beverage > Other Food and Beverage
Business Summary
Retail & Internet Bakery, Donuts & Popcorn Business For Sale for $180,000 by Motivated Seller! It must be noted that even though this is a franchise, this franchise does not charge a fee on sales & allows a shop to expand in many areas without taking any percentage or yearly fees! Owner has grown this business & made a good name for the business in the community. The gourmet popcorn line has incredible growth potential. Owner has spent the last 18 months developing the gourmet popcorn recipes & the store is now ready to hit the Internet full force. Owner has just started up a popcorn ball line & has already lined up 2 wholesale accounts for that purpose. There are over 60 different flavors of popcorn developed, & more on the way. Open 7 days a week, 360 days a year, this business is popular & busy! There is a great potential for wholesale for both donuts & popcorn. The retail website is under developed & the sales from the website currently are just a tip of the iceberg. Assets included are valued at approximately $130,000. Real property Lease Terms of lease Current lease terms are for 5 years at $1,500.00 per month Location Great location in Janesville, Wisconsin on a busy street that carries over 13,000 cars per day. The premises consists of a large leased facility covering over 5,500sq.ft. with a 4 car garage. There is a lot of new development happening in the area that makes this an exciting time to be on this street. A new shopping center is being developed in the area. The gourmet popcorn line has incredible growth potential. There are over 60 different flavors of popcorn developed,& more on the way. The lunch crowd is growing with a gourmet soup line that no-one else in the area offers. The lunch is an eatery type lunch that is becoming very popular with the local business people. There are production, time, & price opportunities available above & beyond the new internet business.
Financials
Asking Price Range: < $250K
Gross Revenues:
$300,000
Cash Flow:
$62,000
Cash Flow Type: EBITDA
Inventory: $6,000
Seller Financing: Not Disclosed
About The Business
Year Established: 2003
Number of Employees: 4 - 5
Relocatable: No
Franchise: Yes
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Negotiable.
Reason For Selling: Sellers Spouse needs to relocate for job.
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Click on the "I'm Interested" button above for more information on this Food and Beverage > Other Food and Beverage business for sale.
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Print Listing Id: 70077026
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