Profitable Gourmet Popcorn Business by Doug Jackson

Alexandria, VA (Alexandria City County)

Seller Financing Available
Profitable Gourmet Popcorn Business by Doug Jackson
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Asking Price: Get Financing: $295,000

Cash Flow: $110,000

Gross Revenue: $500,000

EBITDA: N/A

FF&E: $150,000

Inventory: $20,000*

Lease Rate: N/A /SF

Established: 2012

*not included in asking price.

Profitable Gourmet Popcorn Business by Doug Jackson

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Business Description

High Profit and Easy to Manage

I am pleased to offer this easy to manage, growing and profitable gourmet popcorn business. Founded six years ago, this exciting business brings smiles and yummy popcorn throughout Northern Virginia, Maryland and the District of Columbia. With a factory store with commercial kitchen, a food truck and a newly opened retail location, the business provides customers with many convenient ways to purchase their gourmet popcorn snacks. Sales have continually grown since the business opened reaching nearly $500,000 last year. Profits for 2018 are conservatively estimated to be $100,000-$125,000. The seller must leave the area to assist with elderly parents. The seller will offer up to $75,000 in owner financing. For more information call Northern Virginia's Number One Business Seller - Doug Jackson at 703-898-0888.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,200
Lease Expiration:
N/A
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business produces an array of gourmet popcorn flavors from a small flex warehouse space with retail storefront in the City of Alexandria. It has a retail kiosk on a local military base and food truck that runs a regular schedule during the day in the District of Columbia. The truck attends many events and movie nights throughout the area on evenings and weekends.
Growth & Expansion:
Sales are rapidly expanding via their popcorn catering to local hotels, event venues, and catering companies. It appears this revenue stream could equal the retail sales portion of the business within the next two years.
Financing:
Seller will finance up to $75,000 for a qualified buyer
Support & Training:
The seller will provide two weeks of hands-on training and will be available by telephone for consultation for an additional 30 days.
Reason for Selling:
The Seller is needed to care for an elderly parent out of state.
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Doug Jackson

Business Listed By:
Doug Jackson

Doug Jackson

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