Incredible Coffee House Franchise - Shopping Mall
Location New York,United States
Asking Price Range < $250K
Gross Revenues $425000
Net Profit / Cash Flow $80000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1996
Number of Employees 6 - 9
Inventory 125000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Franchisor will provide 2 week training.
Reason for Sale Owner own 3 other the same franchises in Pittsburgh and permanently relocating there.
Description Incredible opportunity to own coffee house franchise established for over 12 years and situated in the heart of large busy shopping mall that is being visited by millions of people. Business operated under concept similar to Starbucks offering great variety of hot and cold drinks and baking goods, carrying close to 50 different varieties of coffee beans including some of the most difficult to get, coffee pots and mugs. During the holiday season variety of gift baskets are being offered as well. Surveillance CCTV monitoring system enable owner to monitor business from his home. Business open 7 days from 9am to 10pm. Easy, turnkey business to run. Strong franchise backing. Priced for quick sale. Do not miss this opportunity. To qualify Buyer must have Net worth of at least $300,000 out of which $150,000 must be in liquid assets.
Facilities: Coffee house located inside of indoor large shopping mall in Suffolk County. Occupies 1,000 sqf. Lease expires 2015. Ample parking.
Growth and Expansion: Currently business is operated as an absentee owner. If the business operated by actively involved owner he should be able to increase net profit by at least 50% by eliminating some of the unproductive employees, lowering wasted products and eliminating issues that drain income associated with absentee ownership. Adding sandwiches could dramatically improve business as well.
Support/Training: Franchisor will provide 2 week training.
Reason Selling: Owner own 3 other the same franchises in Pittsburgh and permanently relocating there.
Year Established: 1996.
Employees: 1F/7P.
Contact for more information on this Coffee House Franchise for sale.
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