Incredible Coffee House Franchise in a Shopping Mall
Location: New York > Suffolk County
Industry: Food and Beverage > Other Food and Beverage
Financials
Asking Price: $185,000
Gross Revenue: $425,000
Cash Flow: $80,000
Inventory: $10,000 (Not Included in Asking Price)
FF&E: $125,000 (Included in Asking Price)
Seller Financing: Financing is a possibility negotiable
Business Summary
Incredible opportunity to own coffee house franchise established for over 12 years and situated in the heart of large busy shopping mall that is being visited by millions of people. Business operated under concept similar to Starbucks offering great variety of hot and cold drinks and baking goods, carrying close to 50 different varieties of coffee beans including some of the most difficult to get, coffee pots and mugs. During the holiday season variety of gift baskets are being offered as well. Surveillance CCTV monitoring system enable owner to monitor business from his home. Business open 7 days from 9am to 10pm. Easy, turnkey business to run. Strong franchise backing. Priced for quick sale. Do not miss this opportunity. To qualify Buyer must have Net worth of at least $300,000 out of which $150,000 must be in liquid assets. For additional information please contact Mark Gavrilov 516-942-3588 or visit our web site at www.gmdcbc.com
About the Business
Year Established: 1996
Employees: 1 full time - 7 part time
Franchise: Yes
Facilities: Coffee house located inside of indoor large shopping mall in Suffolk County. Occupies 1000 sqf. Lease expires 2015. Ample parking
Market Outlook and Competition: Currently business is operated as an absentee owner. If the business operated by actively involved owner he should be able to increase net profit by at least 50% by eliminating some of the unproductive employees, lowering wasted products and eliminating issues that drain income associated with absentee ownership. Adding sandwiches could dramatically improve business as well.
About the Sale
Management Training and Support: Franchisor will provide 2 week training
Reason For Selling: Owner own 3 other the same franchises in Pittsburgh and permanently relocating there
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Listing Tools
BizQuest ID:913833
Seller ID:259
Business Listed By
Name:Mark Gavrilov
Company:GMDC Business Consultants
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.