*SOLD* Growing Established Franchise Resale
Financial Information
- Asking Price: $120,000
- Gross Revenue: $611,135
- Cash Flow: $46,597
- Down Payment: 0
- FF&E (Included): $70,000
- Inventory: $3,000
- Financing: Yes
Business Location
- Morgantown
- West Virginia
**SOLD** Fast growing franchise business for sale in the Morgantown area of West Virginia. This business has been in operation for over ten years and is well known in the area. The business is in the food industry but is a non-cooking operation. This business continues to grow even during the pandemic. The business is fully managed and is owned by an absentee owner. An owner/operator could grow this business even further and could reduce expenses by eliminated some of the employee hours currently being paid. Sales in 2021 are tracking approximately 45% higher as compared to the same time as last year. The location has over $70,000 in equipment that is included in the asking price. For this franchise system, a new location would cost more to open then the asking price for this business. A new owner would be trained by the franchisor and will also receive support from the current owner. Please contact Dave Ball at 412.380.0590 or email [email protected] to learn more about this great opportunity.
Growth / Expansion overview
Absentee run business. An owner/operator could grow this business with local marketing efforts.
Support / Training Comments
Buyer will be trained by franchisor. Training is for two weeks and will train the new owner as though they were opening a new location. This business has trained employees and an established customer base.
Financing Comments
Seller may be interested in financing the purchase of this business for a qualified buyer.
Reason For Sale
Absentee owner who lives out of state.- Home Based: No
- Year Established: 2008
- Franchise: Yes
- Year Acquired: 2012
- Willing to Train: Yes
- Relocatable: No
- Required Licences:
- Is Property Leased: Yes
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: N/A
- Days Open: 6
- Hours Open: 9-7 Mon-Fri; 9-5 Sat
- Fulltime Employees: 3
- Part time Employees: 7
- Is Management Staying: No
- Distressed: No
- Monthly Payroll: $0
- Monthly Rent: N/A