Gourmet Popcorn

Wilmington, NC (New Hanover County)

Seller Financing Available
Gourmet Popcorn

Asking Price:$200,000

Cash Flow:$92,164

Gross Revenue:$307,512

EBITDA:N/A

FF&E:$92,000

Inventory:$10,000

Established:1987

Gourmet Popcorn

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Business Description

CONTRACT PENDING. Locally owned and operated since 1987. This Wilmington "institution" has a large repeat customer base that includes corporations, schools, and professional practices plus individuals who drive for miles to purchase this one of a kind treat enjoyed by the entire family. Fully equipped with multiple corn poppers, bagging stations and a delivery van. Assets being sold include unique, proprietary recipes developed over years of testing and refining to provide the freshest product possible. the 1,200 square foot facility includes a private production area and attractive display retail sales area for bagged popcorn, gift canisters and gift boxes. In addition to walk in trade, the business custom produces product for local festivals, fund raisers and private events. There is almost no competition for the wide variety of special flavored and theme products offered by this popular name brand. After many years of successful operation, the owner is ready to retire. Great opportunity for higher energy entrepreneur who wants to take this business to the next level.

Detailed Information

Inventory:
Included in asking price
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
High traffic, well maintained strip mall location near professional practices, regional medical facility, upscale reidential developments and moreample parking. Complimentary fast food franchises and retail outlets
Competition:
Original proprietary recipes and premium ingredients make this the "go to" popcorn store in the Cape Fear region
Growth & Expansion:
Requests have been turned down but business could be expanded by supplying bulk popcorn products to retail facilities in other cities
Support & Training:
Seller will train and transition as necessary
Reason for Selling:
Retirement
Business Website:
http://alwayscorny.com

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Don Adkins

Business Listed By:
Don Adkins

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