Listing ID: 82931
Sunbelt Business Brokers of Baton Rouge presents this long standing franchise cookie business for sale! Business has been in operation for over 2 decades servicing the metro Baton Rouge, La market. Business specializes in gifts, specialty cookies and events. Business did not suffer during covid-19 and has remained strong. Store occupies a leased space of approximately 1,400sqft in a prime, affluent area of town. Store is primed for new owners. Business has a high profit margin on its products and a well established cliental base. This makes it set up for a smoother transition for any new owner. If you have a passion for baking, the food business or just love a good dessert, this is the business for you!
Owner has decided to sell due to relocation out of area. Seller and franchisor will help train and transition new owner. Owner has priced the business to sell and will seriously consider all reasonable offers. Contact us today for more information on this long standing franchise cookie business for sale today!
- Asking Price: $160,000
- Cash Flow: $74,000
- Gross Revenue: $259,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: $5,000
- Inventory Included: Yes
- Established: 1998
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:1,400
- Lot Size:N/A
- Total Number of Employees:N/A
- Furniture, Fixtures and Equipment:N/A
This Business Is An Established Franchise
The venture was founded in 1998, making the business 24 years old.
The sale does include inventory valued at $5,000, which is included in the asking price.
The real estate is leased by the business for $2,535 per Month
Why is the Current Owner Selling The Business?
There are all kinds of reasons why individuals choose to sell businesses. Nevertheless, the genuine factor and the one they say to you may be 2 absolutely different things. As an example, they might state "I have a lot of other commitments" or "I am retiring". For many sellers, these reasons are valid. But, for some, these might simply be justifications to attempt to conceal the reality of transforming demographics, increased competition, current decrease in profits, or a range of various other reasons. This is why it is very important that you not count entirely on a vendor's word, but rather, utilize the vendor's response in conjunction with your general due diligence. This will paint an extra realistic picture of the business's current scenario.
Existing Debts and Future Obligations
If the existing entity is in debt, which many companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Lots of operating businesses finance loans with the purpose of covering points like supplies, payroll, accounts payable, so on and so forth. Keep in mind that occasionally this can suggest that profit margins are too thin. Many organisations fall into a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may additionally be future obligations to consider. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with vendors that must be met or may result in charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the location attract new clients? Many times, operating businesses have repeat consumers, which form the core of their day-to-day profits. Specific factors such as new competition sprouting up around the location, road building and construction, and also personnel turn over can influence repeat clients and negatively influence future profits. One essential thing to consider is the location of the business. Is it in an extremely trafficked shopping mall, or is it hidden from the highway? Obviously, the more individuals that see the business often, the higher the opportunity to build a returning client base. A last idea is the general area demographics. Is the business placed in a densely populated city, or is it situated on the outskirts of town? How might the regional typical household earnings impact future earnings prospects?