Business Overview

BUSINESS IS POPPING!!!!

This is a Great Business. Sales HAVE INCREASED AND ARE WAY UP due to an increase in Fund Raisers.. Yes. This is a Premier Popcorn Business that started 10 years ago. They offer over 100 different types of popcorn flavors in various colors
BUT, THEY are more than just a popcorn store. They also sell a huge selection of other items such as:

• Candies
• Sugar Free Candy
• Sodas
• Homemade Fudge
• Nut Brittle
• Snow Cones (Seasonal)
• Hot Chocolate Bar (seasonal)
• Candied Nuts
• Novelties
• Flavored marshmallows (covered with chocolate and nuts).

They also have amazing Gift Items and Fundraiser programs that include:

• Popcorn Tins
• Holiday Tins
• Pro & Sports Tins
• Fundraising Events
• Team Spirit Gifts
• Gift Bags & Boxes
• Gift Cards
• Stuffed Animals
• Party Rentals
• And More

Their production in both popcorn and homemade items has grown tremendously through the years. They have been voted. Popcorn/Candy store 4 times now.

This business has been determined to consistently produce quality, inventive and delicious popcorn flavors and other items. They have gifts for all occasions, and reasonable prices everyone can appreciate.
The Store is beautifully and tastefully decorated. It appeals to young and old with a nostalgic look.

THIS BUSINESS IS READY AND POISED TO GO TO ALL NEW LEVELS! NOW GET THIS—IT also comes with a Great Name and Product, BUT ALSO WITH A SECOND SET OF EQUIPMENT TO COMPLETELY SET UP ANOTHER STORE.

***WOW*** You do not want to miss checking this out!!!!

Financial

  • Asking Price: $139,000
  • Cash Flow: $72,912
  • Gross Revenue: $156,722
  • EBITDA: N/A
  • FF&E: $66,000
  • Inventory: $3,000
  • Inventory Included: Yes
  • Established: 2010

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:2,091
  • Lot Size:N/A
  • Total Number of Employees:1
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

This Business has a FANTASTIC Location on the busiest corner of a major shopping center. It has a total of 2091 sq. ft. The area includes a Super Warm Retail Section, a Storage Area, an Office, Storage Area, and a Bathroom. The rent is $3200 per month Triple Net.. The lease is good till October 31, 2021 AND has up to a 5 year renewal (All numbers and sizes are approx.)

Is Support & Training Included:

The owner will provide 1-2 weeks of free on-site training, as well as up to 3 months of free phone consultation on an as needed basis.

Purpose For Selling:

Retiring

Pros and Cons:

There is one in a mall location, but it does not have fresh quality products

Opportunities and Growth:

Could Double or Triple Sales by raising fund raising effort

Additional Info

The company was founded in 2010, making the business 12 years old.
The sale shall include inventory valued at $3,000, which is included in the suggested price.

The business has 1 employees and resides in a building with approx. square footage of 2,091 sq ft.
The real estate is leased by the company for $3,200 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons individuals decide to sell operating businesses. However, the true reason and the one they tell you may be 2 totally different things. As an example, they might claim "I have a lot of other commitments" or "I am retiring". For numerous sellers, these factors are valid. But also, for some, these might just be excuses to try to conceal the reality of altering demographics, increased competitors, recent decrease in incomes, or a range of other factors. This is why it is very crucial that you not rely totally on a seller's word, yet rather, make use of the seller's answer together with your total due diligence. This will paint a much more sensible image of the business's existing situation.

Existing Debts and Future Obligations

If the existing company is in debt, which lots of businesses are, then you will certainly need to consider this when valuating/preparing your deal. Numerous businesses take out loans so as to cover things such as supplies, payroll, accounts payable, and so on. Keep in mind that occasionally this can indicate that earnings margins are too small. Numerous businesses fall under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may additionally be future obligations to consider. There might be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with suppliers that have to be met or may cause penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do operating businesses in the area attract new customers? Many times, operating businesses have repeat clients, which form the core of their everyday earnings. Certain factors such as brand-new competition sprouting up around the location, road building and construction, as well as employee turn over can affect repeat clients as well as negatively influence future earnings. One crucial point to take into consideration is the location of the business. Is it in a very trafficked shopping center, or is it hidden from the main road? Obviously, the more people that see the business on a regular basis, the better the chance to build a returning consumer base. A last thought is the general area demographics. Is the business situated in a densely populated city, or is it located on the outskirts of town? Just how might the neighborhood mean home earnings influence future earnings potential?