Total of 18659 firms and businesses for sale today Sunday 12th May 2024
Sold. Chocolate, Sweets And Confectionery Retailer
LISTING DETAILS
Firms For Sale ID:
28600
Vendor reference:
101811
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Business opportunity:
Asking price:
$175,000
Furniture, fixtures, fittings and stock included.
Furniture, fixtures, fittings and stock included.
Turnover / revenue:
$310,000
Net profit / cashflow:
$59,500
Years established:
6
OTHER DETAILS
Reason for selling:
Exit Strategy
Financing available:
New 10 yr Franchise Agreement with Franchise Transfer (transfer fee $5,000)
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease length:
5
Lease remaining:
3
Lease terms:
$7600 per month
BUSINESS DESCRIPTION
This franchise concept is Ranked #1 in the sweets, candy and chocolate category and in the top half of the Franchise 500. Started in the fall of 2006, this established seller of the best chocolates is located in one of the great regional malls of Orange County. This is a turn key franchise operation which does not require any franchisor upgrades. This store selling sweets and candy has a full time manager and 5 part time employees. Owner works about 32 hours per month so it is mostly employee run. If new owner would work full time, the profits would increase. This turn key franchise selling the best chocolates is known for their gourmet chocolates, old fashion caramel apples and other confectionery products.
Franchise Transfer Fee $5,000 which includes one week of Franchisor training
Monthly Royalty payments based upon Franchisor formula but are approximately 7% monthly.
FFE & TI $100,000 included in the Asking Price
Inventory $ 15,000 included in Asking Price
Initial Franchise Fee $24,500 included in Asking Price