Food Court Creperie in High Traffic Mall

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Asking Price:
$390,000

Gross Revenue:
$687,738
Cash Flow:
$155,709
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$3,000
included in asking price

FF&E:
$31,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Crepe business located in the food court of a very high traffic mall in Aventura. This is not a franchise, the concept was created by the owner and it has proven to be very successful. In only a few months the business has been showing constant growth. The concept includes: crepes (sweet and savory), french bakery, coffee, smoothies, bubble waffles, etc. Great opportunity for someone looking to have a business in one of the most successful malls in the US. Owner is opening another business and wants to focus in this new venture.

About the Business

Location:
Aventura, Florida
Year Established:
2017
Number of Employees:
7 PT
Facilities:
225 sq ft + 130 sq ft in the food court of a very high traffic mall. Rent is $15k a month, expires in June, 2021 with three year option to renew. Mall requires 6 months rent of security deposit.
Market Outlook/
Competition:
The concept in the food court is unique and has the exclusivity in the food court.
Growth & Expansion:
The store opened a few months ago and the revenues have been growing. Keeping the quality of service and the quality of the products together with social media campaigns, guarantees that the business will keep growing.
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About the Sale

Reason For Selling:
Starting a new business.
Training/Support:
Will train for 2 weeks @ $0 cost.
General management skills. Food handling license required.
Seller Financing:
$350k down/$40k for 12 mos. @ %5.

Listing Info

ID:
1636061
Ad Detail Views:
0

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Business Listed by

Andy Fischer

Murphy Business & Financial Corporation
License# SL3186401

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