Profitable Dessert and Gift Franchise - Absentee Owner

San Diego County, CA

Seller Financing Available
Profitable Dessert and Gift Franchise - Absentee Owner
Contact Seller

Asking Price: $449,500

Cash Flow: $198,105

Gross Revenue: $675,151

EBITDA: N/A

FF&E: $0

Inventory: $7,500

Rent: $3,840 per Month

Established: 2005

Profitable Dessert and Gift Franchise - Absentee Owner

Save Print Share Valuation Report

Business Description

Very Profitable Dessert and Gift Franchise - Absentee Owner though not recommended.

Buyer must be local San Diego and majority stakeholder must be US Citizen or Green Card.

Rare opportunity to own an established franchise that is consistently profitable and grown even during the pandemic with over 90% of orders placed on-line and delivered. The brand is very strong with approximately 1000 outlets nationally. It offers a cheery and tasty concept allowing for creative expression yet a systematized process.

Store operates from 9-5pm M-S with 7-10 part time employees most with significant tenure. Wages are between $13 and $19/hour. There is one strong manager and one assistant who can fill in for the manager.

1270 square foot location is in very good condition and rents for $3840/mo. including CAM.

Seller to pay franchise transfer fee. Buyer responsible for franchisor training fee. Training has been virtual during most of 2020 though opportunity exists to train at HQ. Royalty 5% plus brand marketing fee of 3.5%. Franchisor provides active support and is expanding the concept with new additional savory offerings.

2019 SDE $171,533 on $550,981 sales. 2020 SDE $198,105 on $675,151 sales. Strong start to 2021. May qualify for SBA with at least 25% down. Alternatively, seller financing may be offered up to 30% with collateral and PFS. Price $449,500.

Detailed Information

Location:
San Diego County, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,270
Lease Expiration:
12/31/1969
Employees:
7
Financing:
120000.00
Support & Training:
2 weeks
Reason for Selling:
other interests
Contact Seller

Contact the Seller

Contact Seller Loading

By clicking the button, you agree to BizBuySell’s  Terms of Use and Privacy Policy


Linnea Westlake

Business Listed By:
Linnea Westlake

Transworld Business Advisors


Sponsoring Broker:
Marshall Pollock CBB CBI

Report an issue with this listing

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1803618

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


1-800 Plumber

Franchise Opportunity In CA
Cash Required: $50,000