JUICE BAR FRANCHISE. LOCATED IN A POPULAR MALL
Seller:
Not Available
Location:
San Jose, Santa Clara, CA, USA
Listing Number:
"7367"
Overview of the Business:
Popular, highly profitable franchise juice bar offering a wide selection of premium fruit smoothies, food and miscellaneous snacks. It has been located in a busy mall for over 30 years. With experienced management in place, the business can be run absentee. Here is your win-win opportunity to own a proven, profitable concept in a great location with experienced management team already in place.
Property Features and Assets:
It is located on the north end of the Mall.
It has been in the mall for over 30 years, and the current owner purchased the business over 12 years ago. The business has an experienced management staff in place which allows the existing owner to operate it mostly absentee. The current store manager works about 58 hours per week and is paid a base salary with hourly overtime wages; right now, it amounts to approximately $800 per week. It is possible that she would want to remain with the new owner if offered similar employment terms. The SDE bottom line assumes the new owner will replace the current manager.
Market Competition and Expansion:
Franchise fees run about 6% of sales; annual marketing contributions run about 2% of sales. Some franchise training takes place locally; the rest is in Minneapolis, MN.
Additional Details:
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