Description of the business for sale
Great opportunity to enter the rapidly growing food preparation business with a highly ranked franchise that is one of the best performing stores in the network. This business is experiencing revenue growth of 25% on a year over year basis. The business offers customers a low cost, time saving, healthy alternative to fast food and the owners have built a great foundation but have other careers and family that require their attention. The business offers a diversified approach to the offering of meal preparation and successful marketing efforts have resulted in multiple revenue streams that include $7,000 per month income from Supper Club members. This growing business has upside allowing the buyer the opportunity to continue the growth by expanding the store hours, offering delivery service, expanding private and corporate events, initiating fundraising events, servicing special dietary customers and linking with local chefs and culinary schools for premium events
ADDITIONAL FINANCIAL INFORMATION
•Financing: Seller will consider financing for qualified buyer
•Inventory: $2,000
•FF&E: $30,000
REASONS FOR SELLING: The sellers have other careers and a young child, limiting their time
Support / Training provided by seller
The sellers will provide weeks of training at 40 hours per week.
GROWTH: Sales have expanded at the rate of 33% over the past year. The business provides the buyers growth opportunities to expand store hours, offer delivery services to local business, restricted diet, retirement and health communities. The business also provides opportunities to expanding into self catering, and teaming with local chefs and/or culinary schools
COMPETITION: This new meal preparation concept saves time with shopping and preparing meals and results in high quality balanced meals at a lower price with less waste. The successful concept has resulted in rapid industry growth and although there is some growing pains, this particular franchise has a very positive trend.
Description of the facilities
Beautiful, modern store in a upscale retail strip shopping center with easy access and ample parking. The business has 1600 sq ft leased at a rate of $2,938.84 per month plus approximate CAM charges of $768.10 per month. The lease expires on 7/31/2010 and includes a 60 month option at market rent.