**UNDER AGREEMENT** Profitable Honey Dew Coffee Franchise Locations

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Asking Price:
$695,000

Gross Revenue:
$2,349,000
Cash Flow:
$231,355
EBITDA:
$174,000
Inventory:
$10,000
included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

**UNDER AGREEMENT** A package of several Honey Dew coffee franchise locations in Eastern Massachusetts are available for sale! This is an established and beloved franchise with strong brand presence in the Northeast and high customer appeal. These franchise locations rarely come on the market, making this a one-of-a-kind opportunity to purchase a recession proof and in demand business!

Along with selling coffee drinks and donuts, the business sells other breakfast and lunch items, such as sandwiches and low-carb options. The locations have been established and profitable for many years and are being sold so the current franchisee can focus on other business investments. 2017 total sales were 2,349,901 with a Seller’s Discretionary Earnings of $231,355 and EBITDA of $174,000.

According to industry report IBISWorld, The Coffee Store Franchises industry will benefit from the improving economy over the next five years, as the unemployment rate continues to decline. Consumer spending is expected to grow as people increase spending on convenient, but affordable, food products that the industry specializes in. Industry revenue is projected to rise at an average annual rate of 2.6% to reach $11.7 billion during the period, including an increase of 3.0% in 2017.

About the Business

Franchise:
Yes
Growth & Expansion:
Highly recession proof industry with expected growth over the next 5 years
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About the Sale

Reason For Selling:
Other business opportunities
Training/Support:
Training and Support will be available

Listing Info

ID:
1464816
Ad Detail Views:
1854

Attached Files Attachment Disclaimer

  1533 Coffee Franchise Locations ... (205 KB)
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Business Listed by

Sarah Grossman

BayState Business Brokers

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Sponsoring Broker:

Marc Gudema, CBI
BayState Business Brokers

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

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