Listing ID: 83043
How awesome would it be to OWN an established franchise business with over $100K in equipment, $300K in build-out, enthusiastic employees, and tons of PROFIT potential!! This is a GOURMET cake business TURN KEY ready to go and easy to operate. This franchise store bakes and frosts signature flavors every morning, fresh from scratch. The store’s founder has appeared on Food Network’s “Cupcake Wars” seasons one, two, and seven as well as on the hit daytime talk show “The View,” . This franchise is well known and in hot demand in neighborhoods across the nation. USA TODAY listed it as one of the Top Ten Cupcake Places to try in the country!!
NOW YOU CAN JOIN one of the nation’s fastest growing brands
in one of the fastest growing industries WITHOUT ALL THE STARTUP COST OR HEADACHES!! THIS STORE IS READY TO GO, HAS ESTABLISHED CUSTOMER BASE, MAKING MONEY, AND EASTY TO TAKE OVER.
CALL ANN TODAY BECAUSE THIS WON’T LAST LONG!!
- Asking Price: $110,000
- Cash Flow: $90,000
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: Yes
- Established: 2018
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:2,380
- Lot Size:N/A
- Total Number of Employees:6
- Furniture, Fixtures and Equipment:N/A
Located in a growing area surrounded by other booming businesses. The building is only 3 years old. Equipment was all purchased BRAND-NEW. Owner has request for parties, catering, etc., but too busy to fulfill. Owner and wife have professional careers that have become more demanding so they want to sell the business to free up more time for themselves. This is an excellent business especially for new buyers who want an easy operating established business with growing profits.
Owners are willing to support and train new buyer as well as offer buyer new ways to bring in additional revenue that they did not have time to pursue.
Owners no longer have time to operate the business with their professional jobs
This franchise is NEW, EXCITING, and has many CELEBRITIES raving about it! Sure you know of many bakeries, ice cream shops, etc., but THIS BUSINESS is a WINNER! EVERYONE LOVES CAKES!! GOURMET CAKES!! YOU can include ice cream if you wish. You have all the equipment and customers coming in that you need right now.
Most franchises you have to pay start-up cost, build-out, equipment and fees with no customers at all to begin. BUY NOW and you have no other cost except monthly expenses. Franchise fees are EXTREMELY LOW. Now with the FRESH & MODERN BUILD-OUT ALREADY DONE, ALL EQUIPMENT ALREADY IN PLACE, CUSTOMERS ALREADY COMNIG IN--YOUR GROWTH IS IN YOUR HANDS. CALL ANN TODAY FOR MORE INFO.
This Business Is An Established Franchise
The venture was started in 2018, making the business 4 years old.
The business has 6 employees and resides in a building with disclosed square footage of 2,380 sq ft.
The building is leased by the business for $3,300 per Month
Why is the Current Owner Selling The Business?
There are all kinds of reasons people resolve to sell businesses. Nevertheless, the genuine factor vs the one they tell you may be 2 completely different things. For instance, they might state "I have too many other obligations" or "I am retiring". For lots of sellers, these factors are valid. However, for some, these might simply be reasons to try to conceal the reality of changing demographics, increased competition, current reduction in incomes, or a range of various other factors. This is why it is extremely vital that you not depend absolutely on a seller's word, however rather, use the vendor's solution in conjunction with your overall due diligence. This will paint a much more sensible picture of the business's present scenario.
Existing Debts and Future Obligations
If the current entity is in debt, which lots of businesses are, then you will certainly need to consider this when valuating/preparing your deal. Lots of businesses take out loans so as to cover things such as stock, payroll, accounts payable, etc. Remember that in some cases this can imply that earnings margins are too small. Lots of companies come under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may additionally be future commitments to consider. There may be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with suppliers that need to be fulfilled or might cause charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
How do operating businesses in the location draw in brand-new clients? Many times, operating businesses have repeat consumers, which create the core of their day-to-day revenues. Particular aspects such as brand-new competitors growing up around the location, road construction, and personnel turn over can affect repeat customers and also adversely impact future earnings. One crucial thing to consider is the placement of the business. Is it in an extremely trafficked shopping center, or is it hidden from the main road? Clearly, the more individuals that see the business on a regular basis, the higher the opportunity to develop a returning client base. A final idea is the basic area demographics. Is the business located in a densely populated city, or is it situated on the edge of town? Just how might the local typical household earnings influence future earnings prospects?