Successful Franchised Coffee Shop

Bismarck, ND (Burleigh County)

Successful Franchised Coffee Shop
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Asking Price: Get Financing: $350,000

Cash Flow: N/A

Gross Revenue: $818,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: $5,243 /Month

Established: 2017

Successful Franchised Coffee Shop

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Business Description

This store is among the top grossing of an eighty-store, midwest-based franchise. The current owners bought this location in March, 2017 and have continued to record strong sales. Total 2017 recorded sales were slightly under $818,000, with nearly $700,000 recorded from March 1 - December 31, 2017 under this ownership group. The store is located just off a busy four-lane highway and near two high schools, medical facilities, retail outlets, and hotels. The owners have been diligent in devising methods to decrease overhead and increase profitability. A general manager is in place and may stay on if requested.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,574
Lease Expiration:
3/1/2022
Competition:
The location of this store is its greatest asset among competitors. Easy in, easy out drive-thru and access to a state 4 lane highway and local traffic arteries make it an attractive choice for consumers.
Growth & Expansion:
The franchisor has opportunities for new locations within this store's market as well as throughout North Dakota. A new breakfast menu has been attractive to consumers. The owners have increased profitability since acquiring the store and are willing to share additional ideas a new owner may implement.
Support & Training:
The owners will agree to a reasonable, negotiated support and training transition. In addition, the franchisor offers training for new owners.
Reason for Selling:
Other interests
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Art Rosenberg

Business Listed By:
Art Rosenberg

Sunbelt of ND

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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