Easy-to-run, Lucrative, Franchise Operation!
About this business for saleEasy-to-run, Lucrative, Franchise Operation!
Established for more than 13 years under the famous brand name and location in one of the well-known, busy, popular malls in Ventura County area, with major anchor tenants ranging from Macy’s, Sears, JC Penny, Target, etc… This famous world brand cookie & franchise business stands at the forefront in the cookie and baked goods industry, by delivering the highest quality, fresh-baked goodies to consumers from all walks of life! It is an easy-to-operate, lucrative, franchise business, with absentee annual sales at $310,717 and adjusted Seller’s Discretionary Earnings/Cash Flow at $40,685. The current owner has owned the business for 6 years and has been running the business absentee, with 9 employees running the business in 2011. The seller had a rent-free kiosk for couple of years with store and kiosk sales combined at $414,641 in 2011. The seller decided to shut down the kiosk in August 2012 due to absentee management issues, so the listed sales, net income, and asking price is based on the store only, but the new owner has the option to ask for a kiosk from the landlord. The business has great potential for a full time owner operator running the business. The owner desires to sell the business due to family responsibilities. This lucrative business is an easy, turnkey operation…perfect opportunity for someone who likes simple franchise operation and for those looking into E2 Visa opportunities. Priced to sell!;For more information and additional details please contact Susie Kang at (310) 975-9492…
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.