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Wow! Profits of $435K- 3 SUB Franchises- Captive Audience

Mississippi, Mississippi (Oktibbeha County)

Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price $1,450,000 Inventory $9,000** 
Gross Income Not Disclosed Real Estate  
Cash Flow $435,000 Year Established 1986
FF&E N/A Employees 21-27

* included in the asking price

** not included in the asking price

All stores are ABSENTEE OWNED + are OPERATED solely by store managers. The Franchisee of these businesses does not work at the sites whatsoever. Each store has been upgraded to the franchises current decor and design style. Surveillance equipment installed in the locations allow the Owner to monitor each store in real time via computer virtually from any internet connection. Each location will shortly be outfitted with WIFI which will allow patrons to access the internet via their laptops and wireless devices. OWNER OPERATOR PROFIT = $435K/yr- ABSENTEE OWNER PROFIT = $380K/yr!!! All stores are highly visible! Sales volumes at each store reflect INCREASES!....Interested in learning more? 1) Download the Buyer Confidentiality Form. 2) Complete & return to us. Upon receipt, you will be provided specific data for this opportunity. You may also download the Confidentiality Form from our website at HTTP://WWW.ATLANTICBUSINESSBROKERAGE.COM where you can view similar businesses for sale in your area.

Attachments: Download additional information (PDF)

Facilities: Location #1 - 1750 SF leased @ $2820/mo; Strip Shopping Center..... Location #2 - 1600 SF leased @ $1200/mo; Strip Shopping Center.... Location #3 - 1600 SF leased @ $3160/mo; End Cap Unit.... All stores are upgraded with new decor style. The 3 stores are located very nearby each other for simple management & control.

Competition: Average competition. The 3 stores are strategically located in a triangular pattern capturing patrons both coming & going from the town its located within. Stores are located in town with major State University providing both a built-in customer & employee base. NO OTHER SUB SHOPS FROM SAME FRANCHISE for 15 miles.

Growth/Expansion: Stores are ABSENTEE OWNED - An Owner who is more active should have a positive effect on sales volumes. There are 2000 new dwellings being built less than 1 mile from one of the stores being sold. These units will be occupied by students and ready for move-in prior to the 2008 Fall Semester. 2nd store relocated nearby existing Hospital with significant volume increases realized from the Hospital and nearby medical offices.

Financing: Outside financing available for qualified Purchaser.

Support/Training: Franchisor provides 2 weeks of training @ its company headquarters. New Franchisees must attend training (it can not be avoided)!. Seller will provide additional training as necessary in order to provide smooth transition.

Reason Selling: Additional Opportunities - Contact Broker for additional explanation.

AD # 373188

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