$Seller Financing Available
| Asking Price |
$180,000 | Inventory |
$3,000* |
|---|---|---|---|
| Gross Income |
$420,000 | Real Estate |
|
| Cash Flow |
$65,000 | Year Established | 1998 |
| FF&E |
$60,000* | Employees | 12 |
* included in the asking price
** not included in the asking price
The only Heavenly Ham store in the area. Strong repeat business, nearly 50%. High seasonal sales around Christmas, Thanksgiving, and Easter. Aprox 25% of annual revenue occurs in December. 2008 sales up 8% over 2007. Franchisor will help new owner implement proven sales plan to increase sales through the backdoor up to $200k! By choice, current owner does little promotion of the delivery, catering, and corporate sales programs in place. Specializes in fully cooked, spiral-sliced, hardwood smoked, honey-spice glazed hams. Also tender smoked turkeys, other specialty meats, Box Lunches, home-style side dishes, desserts and fresh-baked breads. No grills or fryers. Family-friendly hours. 10a-6p Mon to Fri 10a-3p Sat.. Franchisor owns Heavenly, Hickory, and Honeybaked brands and operates over 600 retail locations for 50+ yrs. (This location can be converted to Honey Baked Ham.) New locations cost $299-351K to start. Own this location with existing positive cash flow for $180K!
Facilities: 2100 sq ft. $2300 / mo. Seats 24.Majority of business is carry out. Large prep area in back. All equip, seating, etc included in asking price.
Competition: The only store in Metro Louisville. Excellent hwy frontage. Located in heavy commercial area - businesses, retail, and health care offices. 1/4 mile off freeway.
Growth/Expansion: Current owners not doing outside sales or catering. According to franchisor, a sales minded owner could increase sales $200K with no additional expenses. Franchisor has proven sales plan to be implemented.
Seller Financing Available: Yes
Financing: Seller Financing Possible
Support/Training: Full training and ongoing support by franchisor.
Reason Selling: Retirement

Geoffrey & Associates, LLC
502-213-0055
Geoffrey & Associates, LLC
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