**UNDER AGREEMENT** Profitable Honey Dew Coffee Franchise Locations

Plymouth County, MA

**UNDER AGREEMENT** Profitable Honey Dew Coffee Franchise Locations
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Asking Price: $695,000

Cash Flow: $231,355

Gross Revenue: $2,349,000

EBITDA: $174,000

FF&E: N/A

Inventory: $10,000

Established: N/A

**UNDER AGREEMENT** Profitable Honey Dew Coffee Franchise Locations

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Business Description

**UNDER AGREEMENT** A package of several Honey Dew coffee franchise locations in Eastern Massachusetts are available for sale! This is an established and beloved franchise with strong brand presence in the Northeast and high customer appeal. These franchise locations rarely come on the market, making this a one-of-a-kind opportunity to purchase a recession proof and in demand business!

Along with selling coffee drinks and donuts, the business sells other breakfast and lunch items, such as sandwiches and low-carb options. The locations have been established and profitable for many years and are being sold so the current franchisee can focus on other business investments. 2017 total sales were 2,349,901 with a Seller’s Discretionary Earnings of $231,355 and EBITDA of $174,000.

According to industry report IBISWorld, The Coffee Store Franchises industry will benefit from the improving economy over the next five years, as the unemployment rate continues to decline. Consumer spending is expected to grow as people increase spending on convenient, but affordable, food products that the industry specializes in. Industry revenue is projected to rise at an average annual rate of 2.6% to reach $11.7 billion during the period, including an increase of 3.0% in 2017.

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Detailed Information

Inventory:
Included in asking price
Growth & Expansion:
Highly recession proof industry with expected growth over the next 5 years
Support & Training:
Training and Support will be available
Reason for Selling:
Other business opportunities
Franchise:
This business is an established franchise
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Contact the Seller

(from currently available funds)
 
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Sarah Grossman

Business Listed By:
Sarah Grossman

BayState Business Brokers

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Sponsoring Broker:
Marc Gudema, CBI

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