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Businesses for Sale: Listing Details

 
DINNER'S READY FRANCHISE
Seller: Attn: Kirk or Randi Edwards
Location: Lake Stevens, WA, USA
Listing Number: "hfngDinners"


Asking Price: $75,000 USD USA Dollars
Industry: Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling: One of the Partners is moving out of State
Year Established: 2005
Number of Employees: 1 Part Time
Yearly Revenue: $276,545
Yearly Gross Income: $276,545

Overview:
The Seller has over $250,000 invested in just the build out of this business - Seller's Loss - Your Gain. This is the business of the future with the growing demands put upon the two income families. Ideally located in a mixed neighborhood of businesses and residential the demographics are ideal for the future growth of this business. There is no competition in this area. Dinners Ready offers three convenient ways for the client to use their services - they will make the meals and have them ready to pick up, the client can make their own meals and take them, or they can pick up a pre-assembled meal for on the go times. They offer 2 - serving, 4 - serving or 6 - serving meals in any combinations. This business opened in October 2005 and has been growing steadily ever since. There are about 25 - 30 clients weekly with an average of $175 per client spent. The Franchise fee is 5% - the Ad Fund fee is 5% - the Transfer fee is $1,000 and the training is free and locally hosted at Dinners University in Mukilteo. Dinners Ready is on the cutting edge of the dinner preparation business and you can be on the cutting edge by owning this franchise at a fraction of the cost required to open a new location.

Property Features and Assets:
This is an outstanding location in a newer strip mall in a primarily mixed neighborhood of commercial and residential - the perfect demographics. The business occupies 2,230 square feet with a build out that cost over $250,000. It opened in October of 2005 and the equipment and fixtures are like brand new. The only leased item is a dishwasher for $80 per month. The base rent is $3,549 plus NNN charges of $1,607 per month. The Lease runs till 11/30/2010 with a 5 year option to extend the term.

Market Competition and Expansion:
The Franchiser guarantees a clearly defined and protected area for each Dinners Ready franchisee. There are no other dinner preparation businesses in the immediate area. The demographics of this area are perfect for insuring continued success for the new Buyer. The current owners have scarcely had time to promote this thriving new business. The gross sales have been increasing monthly as the word of mouth spreads. The new owner could easily expand the service to include baby showers and new parents, seniors, gifts for employees, weddings, and many other areas. With the age of the two income families this is the business of the future.

Additional Details:

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