Motivated Seller + Great Location = Great Opportunity

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Asking Price:
$39,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$500
included in asking price

FF&E:
$15,000
included in asking price

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Business Description

Unique bargain basement business opportunity for sale. The sellers loss will become the buyers gain on this incredible opportunity. The right buyer is likely to be an owner operator with the ability to work smart to turn this location into a gold mine. The business is located in the midst of the college campus of West Virginia University. The business is limited to food that can be produced without a hood. coffee and tea, fresh salads, smoothies, juices and bowls come to mind. Not sure about paninis and crepes with ventless hoods.

About the Business

Location:
Morgantown, West Virginia
Year Established:
2018
Real Estate:
Leased
Building Sq. Ft.:
800
Rent:
$1,300.00 Per Month
Lease Expiration:
5/31/2022
Facilities:
The business has been designed for efficient counter service. Without a hood, the business location is limited to salads, smoothies, coffee, Juice, and perhaps paninis or crepes.
Website:
madfreshmorgantown.com/42423
Market Outlook/
Competition:
The only competition comes from the Mountainlair Student Center a block away, It has the advantage of "location, location, location", for all food related businesses located in downtown Morgantown. In addition to students, the location can attract locals, especially when the students are out of town.
Growth & Expansion:
The "Mad Fresh" name and concept can be developed and franchised or grown with additional restaurants in other locations.
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About the Sale

Reason For Selling:
Death in the family forces sellers to relocate out of the state.
Training/Support:
The business is owned by two brothers who are both willing to assist the new owner as needed to get a good start and to be successful.
Seller Financing:
Seller financing available to the right buyer.

Listing Info

ID:
1619886
Ad Detail Views:
0

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Business Listed by

John Lichter

Sunbelt of Morgantown

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U.S. Census Data for Monongalia County, WV
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

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

U.S. Community Survey Data for Monongalia County, WV
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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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