Financing: $100,000.00 Down and 8.5% x 60 months
Reason for Selling:Going to school
Sale Price includes option on TWO OTHER STORES (franchise rights already paid for). Fantastic franchise serving healthy menu to growing numbers of diet conscious white collar/white lace clientele. Serves a capitve customer base and is full every weekday and offers a very strong daily client base for any operation. This store has flourished with little or no local advertising and would benefit tremendously with a well organised catering effort. Other stores in the same food court do a 4-to-1 catering to on-site gross sales ratio with a greater net profit on catering. The versatile healthy menu offers something for everyone at office gatherings and can supplant many single faceted catering arrangements. Store currently offers no breakfast menu, but it would take little to add (system offers breakfast menu) which will greatly increase net profits. Also, the right to develop two more stores in the region is a true golden goose as you can pick your own locations (tri-state area). Support/Training: No-cost complete corporate training on simplistic menu and business operation is provided through local Franchisor for Operator or managers. In addition, Seller will assist in transition for two weeks, if necessary. Corporate provides continuous on-going support,cost control, buying power, new menu testing, and periodic system upgrades.
Market Outlook
Competition: This store is well located in a busy food court which has nearly 100% office worker clientele and standard (10-6)operating hours, half day Saturdays and closed on Sundays. The menu is healthy and unique serving salads, wraps, sandwiches and Smoothies. There is also a breakfast menu which can easily be added for this location. There is a huge opportunity to develop a phenomenal catering business, as well as the under-marketed delivery business - Also, Franchise rights to develop 2 more locations will be included in this sale.
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