Hot New Franchise - SOBOL Main St-$200k Build Out-Gross $550K&Climbing

Oyster Bay, NY (Nassau County)

Seller Financing Available
Hot New Franchise - SOBOL Main St-$200k Build Out-Gross $550K&Climbing
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Asking Price: $299,000

Cash Flow: $121,317

Gross Revenue: $549,936

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $2,575 /Month

Established: N/A

Hot New Franchise - SOBOL Main St-$200k Build Out-Gross $550K&Climbing

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Business Description

How would you like to be a part of the Newest , Healthiest & Hottest Franchise that is in our area and growing Rapidly? Acai Bowls , Smoothies and quick to go Bites located in a very Upscale North Shore Nassau Town - Get in for the busy season!! This franchise uses the REAL Acai Bowls NOT the imitation version. Current owners spared no expense when setting up this store investing over $200k in New equipment , Plumbing , Electric & More. One look and you will see this is a turn key Business. Current owners who have been there for 1 year , built this place for there son but he moved on with another opportunity so they are forced to sell. With sales at $550k in the first year this place is already forecast to do 25%-30% more in 2019 which will increase profit drastically due to not having to add any employees because it already has a fully trained and capable of handling more business staff in place. Unbelievably low rent for this area. Franchise fees are 5% & 1 % & transfer fee to a new buyer will be negotiated with the right offer. Local & Quick training for a new franchisor. This location sits center stage on a Main rd right in the heart of this beautiful upscale Town. Must See ASAP. This one will not last.

Detailed Information

Location:
Oyster Bay, NY
Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
10/10/2024
Financing:
75000
Support & Training:
Seller willing to train new owner
Reason for Selling:
Other business interests
Franchise:
This business is an established franchise
Business Website:
http://www.eastcoaststores.com
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(from currently available funds)
 
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Henry Galasso

Business Listed By:
Henry Galasso

East Coast Stores LLC, NYC

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