The asking price has been dropped again on this well-known and profitable, niche franchise snack food business with locations in high-traffic Little Rock, Arkansas shopping malls and many other off premises sites that are growing very quickly. This is your opportunity to get into a nationally recognized franchise that is already established and profitable. The business makes well over $80,000 in discretionary earnings and has massive potential for more sales outside of the mall locations. The owner is only selling the business because they live in another part of the state and cannot be present as often as they would like to grow the business.
2017 has already seen multiple attachment locations like this added (15 so far versus only 4 last year) which will increase the topline revenue and cash flow. These multiple attachment locations are serviced by a 3rd party distribution model that takes very little effort to manage, yet generate impressive profit that is only growing as more attachments are added. A new owner could greatly increase this side of the business each year by adding as many locations as they or someone who works for them would like.
One of the mall locations also recently moved to a busier and more high-traffic storefront which should also show an increase in topline sales and cash flow by the end of the year. Busy holiday months are still ahead and the business is already staffed and priced right. All the hard work has already been done for you and the growing of the business at parties, fairs, festivals, pools, and other events will produce even more income for you. For even more incremental sales, the business has a co-branding opportunity also available. The product is award winning, unique and instantly recognized across the country by kids & adults alike. Franchise support and training from the current owner will make the transition a breeze. Financing is available through the CBI TEAM Loans for Business program and some owner financing may also be available for qualified buyers. Contact us today to find out more about this great opportunity.
Asking Price: $169,000
Seller’s Discretionary Earnings: $82,097
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