$180,000.00
Asking Price
Status: In Escrow
Posting ID: 272143
8/28/23
Description
For sale is a nice opportunity to own an established franchise that is consistently profitable despite current economic conditions. The brand is continuously innovating with new offerings and the franchise system is well known with approximately 1,000 outlets nationally. No additional outlets are to be added in the area.
This franchise enjoys very strong Google and Yelp reviews. It offers a cheery and tasty concept allowing for creative expression yet a systematized process. Delight customers who place orders online, by phone, and in-store with imaginative gifts for their friends, family, and business associate any time or for the holidays and special occasions.
90% of orders are automated with minimal staff involvement. Operations are supported by an extremely robust technology platform that automates order management and facilitates remote management. The business is not dependent upon walk-in traffic and current owners do not emphasize it but growth through local marketing is possible. The store operates from 9-5 pm M-S and 9-1 pm Sun with 7-10 part-time employees - most with significant tenure. There are also 2 contract drivers. Wages are between $14 and $15/hour. The part-time owner-operator currently functions as the manager. However, a manager could be added for $30k-$35k per year should the buyer prefer a more absentee situation. The current owner is open to supporting the transition - even on a long-term basis.
The 1,440-square-foot location is in very good condition and rents for $4,226/month plus CAM of about $500 (including water/garbage). FFE Estimate: $30k Delivery Van (2017 Ford Transit Connect Refrigerated) to transfer - value ranges from $30-40k. Inventory Estimate $4-6k The franchisor provides active support and a robust technology platform. It is preferred for the buyer to be local in San Diego and the majority of stakeholders must be US citizens or have Green Cards.
The business is performing very well and has been consistently very profitable. NO SBA. Down Payment $120,000. Seller may carry up to $60k based upon strength of offer. 2022 Proforma Gross: $564,684.94 SDE: $133,147.40. Priced to sell at $180,000.
To get more information about this Dessert And Gift Franchise - Established business for sale in San Diego County please phone Linnea Westlake CBI (Intermediary, Broker - BRE License #:02028068) at 925-209-4592 and -- - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #272143 on BizBen.com. In addition to phoning Linnea Westlake CBI, make sure you email Linnea Westlake CBI above to get more info about this Dessert And Gift Franchise - Established, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01100886. Transworld Business Brokers.
Contact
Details
Asking Price: $180,000.00
Down: $120,000.00
Cash Flow: $133,147.00
Revenue: $564,685.00
Area: San Diego County
City: None Given
Attributes:
My Notes About This Listing
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McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
ABC license specialist and owner of ABC Licensing Services, Elaine Olshanetsky, has 25 + years of experience obtaining and transferring liquor licenses for clients. assisted new buyers as well as seasoned professionals.
ServingCalifornia Statewide
I am the Founder Of BizBen.com. I consult daily with intermediaries, business buyers, owner/sellers & advisors daily about buying and selling California small to mid-sized businesses. Contact me today about joining & utilizing BizBen, consultations, & advisory services.
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I am an experienced entrepreneur, attorney, & business professor. I & my EvergreenGold® team offer business owners sound advice & expertise to build business value & achieve profitable sales. Call me today for a business evaluation & SWOT analysis for your business anywhere in the USA.
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For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
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If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
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