Part of..
Acquisitions, Brokerage
and Financial Services
brokerage in New York's
Adirondack Region devoted
exclusively to the sale and
purchase of businesses.
| Welcome to . . .
Part of.. |
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. . . the only business brokerage in New York's Adirondack Region devoted exclusively to the sale and purchase of businesses. |
Brokerage, Financial & Consulting Services
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Easily learned
Unique product
Located in very desirable area
Trained and loyal staff
Absentee owner or owner operator
Highly profitable
FACILITY & EQUIPMENT: The business operates from a small leasehold space consisting of a counter and sales area and a backroom production area. A new lease can be negotiated.
STAFF: The trained staff allows the owner to be involved in the business only 3-4 hours per week. Two full time employees (manager and staffer) are the core of the staff. They are supported by 12-22 part time and seasonal employees.
COMPETITION: While there are a number of competitors in the area that compete for consumer food dollars. This business is the only snack food eatery in the immediate vicinity.
CUSTOMERS: The area has a high average foot traffic of people who are all potential patrons of this business.
FINANCIAL: The business has built sales to a consistent $400,000 level. The owner cash flow averages about $75,000 annually. Given the limited involvement of the owner in the daily operations, this level of income provides a very attractive return on investment. Sales in the years ending 2005, 2006 and 2007 were $ 396k, $401k and $391K and are estimated to be $ 410,000 with a gross profit consistently in the 75%+ range. EBITDO (Earnings before interest taxes, depreciation & owner) projected $ 88,800 for the current year.
SUMMARY PRICE AND TERMS: This well established franchise business is a great opportunity for a buyer. It is an easily learned business with franchise support. It can be run as an owner operated business or can be an absentee owner with only minimal weekly involvement. Sales are consistently in the $400,000 range. The sale is a turnkey business with all equipment and intangibles to remain in place. This great opportunity is priced at $250,000. An equity investment of $50,000 is anticipated along with outside financing to complete the transaction
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