KarmelKorn

Fargo, ND (Cass County) (Relocatable)

Seller Financing Available
KarmelKorn
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Asking Price: $13,995

Cash Flow: $21,457

Gross Revenue: $67,255

EBITDA: $24,099

FF&E: $9,000

Inventory: $5,000

Established: 1989

KarmelKorn

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Business Description

Popcorn Assets and Inventory for Sale!

KarmelKorn has been an established franchise name for many decades. The franchise itself is being "sunset", but the business entity is very viable. KarmelKorn in Fargo, ND has been operational for nearly 30 years and is very popular for events and holidays.
The equipment is for sale. The decorative tins, storage materials, shipping supplies, food inventory, recipe books, customer list (not necessarily local) and training time are for sale.

Popcorn is loved by so many people. It is a great product with a good shelf-life. Selling it is easily done with attention to marketing. There is a huge variety of popcorn that can be produced and it is very easily made with the equipment that is part of this sale.

Detailed Information

Location:
Fargo, ND
Inventory:
Included in asking price
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Wet popper Carmeling Kettle Dry popper Storage bins Shelving
Competition:
National popcorn sales Specialty food products in the gift sector
Growth & Expansion:
Popcorn is a very hot item and is universally loved. It is has a low cost of goods sold. It is easily produced and does not require extensive training time to get an employee proficient. The equipment requires a gas line and a commercial electrical outlet.
Financing:
2-year note with interest, negotiable if necessary
Support & Training:
Training for 10 hours Recipes books and business manuals
Reason for Selling:
1) Franchisor is sunsetting the entity, 2) Recently widowed
Business Website:
http://karmelkornfargo.com
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Business Listed By:
Jenny Stevens

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