Franchise Coffee Shop-Steal this Business

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Seller:Jay Houghton

Location:Saginaw

Listing Num:830118434

Industry:Food & Beverage: Coffee, Cafe, Dessert

Asking Price:$69,900

Year Est.:1995

Employees:4

Yearly Revenue:$285,000

Yearly Cash Flow:$65,000

Yearly EBITDA:$NA

Yearly Net Profit:Not Disclosed

Yearly Gross Income:$NA

Monthly Payroll:Not Disclosed

Total Debt:Not Disclosed

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Reason for Selling:

Retirement

Overview of the Business:

Here's a great chance to buy a business at rock bottom price. The cost of a new store would be nearly $400,000 with the franchise fee, buildout and startup costs. Now you can instantly start making $65,000. The purchase price is meant to indicate urgency on the part of the seller. He wants to retire and give a great store to someone else. Excellent hours, and a great chance to put your kids to work!

Property Features and Assets:

Excellent store design and buildout. Meets current franchise standards. Mall location means excellent work environment.

Market Competition and Expansion:

Needs a hands on manager. Currently run absentee. Sampling, coupons, internet, etc. would help. Support/Training: Seller and franchise will train.