Rocket Fizz University City

University City, MO (Saint Louis County)

Seller Financing Available
Soda Cooler
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Asking Price: $84,900

Cash Flow: $40,000

Gross Revenue: $250,000

EBITDA: $40,000

FF&E: N/A

Inventory: $30,000*

Rent: $4,650 /Month

Established: 2014

*not included in asking price.

Rocket Fizz University City

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Business Description

Franchised Candy Store in University City

Amazing Candy store in Downtown Tourist Location!
Established Rocket Fizz franchise candy and soda store, located in the heart of the Delmar Loop, down centered in between multiple landmarks such as BlueBerry Hill, Peacock Diner and the multiple theaters. Rocket Fizz is a growing franchise chain of candy stores with 100 locations that has been featured on National shows such as Under Cover Boss, Tanked, Shark Tank, and various Food Network shows.

Located in first floor retail space of the historic Three Americas building, Rocket Fizz San Antonio is the largest candy store in the area and has a selection of over 400 different kinds of glass bottled soda, and nearly 2,000 sku's of various candies. The store is unique for San Antonio and has three years of business history and operations. The customer base varies greatly and the store sells literally something for everyone.

The store receives operational support from the Rocket Fizz franchise and assistance with product orders, inventory, and general store and business operations. This location is the first location of Rocket Fizz in the San Antonio area and possesses the franchise territory rights for the central San Antonio market.

Many more photos are listed on the store's Facebook page, which would be transferred with ownership, and on yelp.

Detailed Information

Location:
University City, MO
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,800
Lease Expiration:
4/30/2023
Employees:
5
Facilities:
The store is located in 1800 square feet in the Delmar Loop. The Assets included would be the entire inventory at the time of purchase, as well as furniture, fixtures, computer systems, displays, and the 6 door soda coolers. There is also existing signage on the exterior of the store that has been grandfathered into updated downtown signage regulations. A supplemental HVAC system used by the store is also included. The store lease has 22 months left, with a five year renewal option.
Competition:
There are no other Candy stores within several miles of the location. There is significant walk by foot traffic and car traffic. The Delmar Loop is a significant tourist attraction surrounded by restaurants and entertainment venues.
Growth & Expansion:
The store has an established customer base of local loyal customers as well as a significant part of the tourist market. The current owner does not live in the area and is not able to focus on growing the business by working with the downtown associations for events, as well as working with local organizations and hotels to promote the business beyond tourist traffic. There is significant room for growth in adding more local residents to the customer base and in working with local organizations to increase repeat business.
Support & Training:
The new store owner will initially receive one week of training from the existing owner onsite, as well as onsite training and ongoing support from the franchisor as needed. The current owner owns several additional locations out of the area and can be available for future support.
Reason for Selling:
The current owner is not local and is not able to focus on the store's operation
Franchise:
This business is an established franchise
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Business Listed By:
William Sallada

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