Profile: Gourmet Chocolate Candy Store Franchise In Prime Location.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Jose Bravo, Broker
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| Primary Phone: |
858-391-3388 |
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| Alternate Phone: |
None Given |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
10/16/08 |
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| Date Last Revised: |
10/16/08 |
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| BizBen Ad #: |
130249 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$298,000 |
| Down Payment: |
$298,000 |
| Annual Revenue: |
$343,635 |
| Annual Adjusted Net: |
$81,546 |
| Price Range: |
$250,001 to $500,000 |
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| Franchise: |
Yes |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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Summary
This Franchise Retail Chocolate And Candy Store Is Part Of An International Franchisor, Confectionery Manufacturer And Retail Operator In The United States, Guam, Canada And The United Arab Emirates. The Franchise Currently Available For Sale Is Located In A Superb Shopping Mall In A Growing Community In San Diego County. The Business Has Been Profitable Since Day One And Revenues/Earnings Continue To Grow As The Mall Expands. Profitable, Easy To Operate, Turnkey, Are Some Of The Many Strengths This Business Has To Offer.
Marketing
This Company’s Market Is Not Only The Impulse Shoppers That Visit The Mall On A Daily Basis, But Many Loyal, Repeat Customers From The Surrounding Communities. The Majority Of The Marketing Done Is In-Store Promotions. In Addition, The Store Has Ads In Wedding Magazines And Has Advertised In Some San Diego Bridal Bazaars. A New Operator Should Consider Also Marketing In Spanish.
Strengths & Opportunities
Great Location In A Growing Mall; Reputable Company With Many Locations Worldwide;
Easy To Operate; Turnkey; Competitive Pricing And Promotion; Superior Customer Service; Higher Quality Products And Attractive Décor.
Hours & Staffing
The Hours Of Operation Are: Monday-Saturday 10:00am-9:00pm And Sunday 11:00am-7:00pm. There Are Total Of 6 Part Time Employees Besides The Owner/Operator. Two Employees At A Time Are Able To Open And Close The Store Without The Owner’s Assistance. Employees Could Stay With New Owner Or Could Be Replaced At The New Owner’s Discretion. Their Current Salary Is 8-9.50/Hr. Plus Store Discounts. The Owner Manages The Store And Works Between 40-50 Hrs Per Week.
Area, Facilities & Equipment
The Store Is Located In A Mall Opened In October Of 2006 And Has As Its Neighbors Many Upscale Retail And Restaurant Tenants, A Movie Theater, And More.
Company History
This International Company Was Founded In 1981 And Currently Has 331 Locations Worldwide In Places Such As Guam, Canada And The United Arab Emirates. This Store Is Just One Of 78 Located In California. The Company Manufactures An Extensive Line Of Premium Chocolate Candies And Other Confectionery Products To Supply Its Many Franchise Locations, Delivered Fresh By Its Fleet Of Refrigerated Trucks.
Financial Summary
The Company’s Revenues Have Continued To Grow Since Opening In October Of 2006. As More Stores Have Opened In The Mall, The Increase In Traffic Has Helped Sales Significantly. In Addition, Tight Controls On Expenses Have Also Made The Earnings Increase.
Other Comments
The Current Royalty Fees Are 5% For Revenues And 1% For Marketing. There Is Also A 1500 Franchise Transfer Fee.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Jose Bravo, Broker at 858-391-3388 Non Disclosure Agreement |
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