Novelty Food Franchise

Evansville, IN (Vanderburgh County)

Novelty Food Franchise

Asking Price:$325,000

Cash Flow:$70,773

Gross Revenue:$609,507

EBITDA:N/A

FF&E:$175,000

Inventory:$10,000*

Established:1996

*not included in asking price.

Novelty Food Franchise

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Business Description

Profitable Franchise Novelty Food biz

This unique specialty dessert/snack type of food business has a long history of being a favorite in the Tri-State area. They have a full-time manager with the balance of their staff (12-18 people) being part-time. Their expenses are as follows: Food costs: 26%, labor: 25%, lease exp: 26%, and Net 13%.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Employees:
1-FT, 12-18 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business is located in the prime retail center in the Tri-State market. It serves a larger market that covers a radius of about 75 miles with a total market population of nearly 750,000 people.
Competition:
No direct competition in the immediate area.
Growth & Expansion:
There are several opportunities to grow the business by reaching out to sports venues, special events, schools, etc. There could be an opportunity to relocate the business into another high-traffic location at a lower rent, when their current lease is up.
Support & Training:
In addition to training provided by the franchisor, the seller will provide sufficient training to assure a smooth transition.
Reason for Selling:
retirement

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Randall Forster

Business Listed By:
Randall Forster

Marathon Mergers & Acquisitions, LLC

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