Franchise Cafe Unit for sale

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17 yrs Established & Successful Cafe Franchise Unit for Sale

Business Description

This location has had consistent sales of over $1.2 million annually and free cash flow in the 6 figures, over the past 17 years!!

The other bakery café is located in a high-density area in the midst of outstanding retail and corporate offices, close to a major interstate highway and busy major state road. This location recently underwent an interior renovation with the latest décor package selected by the franchisor. The restaurant has 4000 square feet and has a seating capacity for 125 inside and 30 outside for guests.

There is over 7 years remaining on the current lease, however, a new owner may want to renegotiate new leases for terms favorable to them.

The restaurant is in mint condition with equipment service agreements in place. The location has been open for nearly 17 years and is fully established within its respective community. Cafe is staffed with a mix of full and part time staffs that are trained and ready to go, many of whom have several years’ experience with the brand. This is a turnkey operation.

The restaurant is priced to sell at $4350,000, substantially cheaper than building new one in unproven communities at the cost of $1 Million!!!

The price includes all fixtures and furniture as well as a 2015 Nissan van currently utilized for catering.

About the Business

Year Established:
2002
Number of Employees:
18
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
40,000
Rent:
$7,800.00 Per Month
Facilities:
POS, Computer, fixtures and furniture, 2015 Catering Van
Market Outlook/
Competition:
Been in business at this location for 17 years!!
Growth & Expansion:
Catering
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About the Sale

Reason For Selling:
Relocating out of state
Training/Support:
Franchise training for 4-6 weeks
Seller Financing:
Currently SBA Approved

Listing Info

ID:
1449934
Ad Detail Views:
0
Asking Price:
$435,000

Gross Revenue:
$1,218,000
Cash Flow:
$175,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Listed by
Charith Weerasuriya

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U.S. Census Data for Cherokee County, GA
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Cherokee County, GA
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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