Asking Price: $249,000
Cash Flow: $125,893
Gross Revenue: $1,190,003
Inventory: $100,000 (not included in asking price)
Inventory: Not included in asking price
Real Estate: Leased Building
Facilities: One store location occupies 4800 square feet. Its lease runs through mid-2019. The landlord is willing to renegotiate a new longer term agreement. The other store occupies 4800 square feet with a lower level free bonus area of 5000 square feet. Note: Although the owners have not used this bonus area, a new owner may come up with a creative use of this space to make it productive. The landlord will allow the new owner to assume the lease, which runs through mid 2022.
Growth & Expansion: The owners visit their stores two times a year. New owners who involve themselves actively into the sales and management of the operations can increase the productivity of their two locations.
Support & Training: The franchise provides comprehensive training. The owners will remain with buyer for a reasonable period to provide adequate training on all processes and operations and will transfer all relationships with the franchisor and employees.
Reason for Selling: The owners want to pursue their other business interests.
Franchise: This business is an established franchise