Rare opportunity to acquire a highly successful, nationally recognized dessert franchise located in one of the Charleston area's most desirable retail markets.
This business has developed an outstanding reputation for operational excellence, customer service, product quality, and cleanliness. The location has received top regional recognition from the franchisor and is supported by an experienced, long-tenured management team that handles the majority of the day-to-day operations.
The business generated approximately $1.24 million in revenue during the most recent year with approximately $308,000 in Seller's Discretionary Earnings. Its three-year weighted SDE is approximately $325,000.
Current ownership spends very little time working inside the store. The primary owner's involvement averages approximately two hours per week, principally reviewing ordering and payroll. The existing team handles floor operations, scheduling, inventory management, production, and the normal daily responsibilities of the business.
This creates an attractive opportunity for either an owner-operator seeking additional upside or an investor looking for a business with an established management infrastructure already in place.
The franchisor currently requires qualified buyers to demonstrate liquidity equal to approximately 20% of the purchase price.
Traditional SBA financing is not presently available for this franchise system, so the opportunity is best suited for buyers utilizing cash, conventional financing, home-equity or investment-backed financing, retirement-funded structures where applicable, or other approved acquisition financing.
Ad#:2542368
