Well-established sweet treat franchise available in North Carolina. This offering includes two operating locations that have been consistently profitable for 10 years, with a largely passive owner earning approximately $100,000 annually in cash flow.
This opportunity is well suited for an owner-operator or an investor seeking stable returns with upside growth potential.
The business consists of two locations. The first location includes a storefront, a mobile food truck, and a trailer. The second location operates as a storefront only. Each location averages 12–14 employees and is supported by a general manager.
A third location is currently up and running and may be included, though it will require relocation if the buyer elects to move forward with it.
Combined top-line revenue for the first and second locations is approximately $1.1 million. Cash flow figures presented reflect these two locations only. Typical startup costs and asset value are approximately $400,000 per location.
Recent changes in franchisor management have resulted in improved cost controls and stronger margins, positioning the business well for continued growth and expansion.
Financials and a full business description will be provided upon execution of a non-disclosure agreement. The business is SBA pre-qualified for the right buyer. If this opportunity appears to be a good fit, please contact: Shanon Madrid 919-624-9275 [email protected].
Financial Information
$525,000
Asking Price
$100,000
Cash Flow
$1,100,000
Gross Revenue
N/A
Down Payment
Yes
Financing
N/A
Adjusted EBITDA
Business Location
City:
Triad-Piedmont NC
State:North Carolina
Financing Comments
Seller note will be considered for highly qualified buyer
Reason for Sale
Retirement
Detailed information
Year Established:2015
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:Yes
SBA Prequalified:Yes
Full-Time Employees: 14
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:5
Inventory Included: Yes
Inventory Value:
$10,000
Monthly Rent:
$8,000
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 3284
FF&E Included?: Yes
FF&E Value: $280,000
Training/Support
Owner & Franchise will provide training
Market Outlook/Competition
There are several sweet shops within a 3 miles radius however none with the name recognition.
Real Estate Description
1st location- 1,884 sq ft
2nd- 1,400 sq ft
Both locations have strong leases with low monthly outlay. The third location can be moved within the same property management.