Prime mall location ice cream/cookie cafe franchise placed in high-income city is available for acquisition. This business was originally established in 2014 and was later acquired in 2016 by the current owner of the business. Competition is expected for any type of business within the mall, but this franchise is well-known to the demographics of the mall and the constant heavy foot traffic bring new sets of customers daily. Most of the customers are employees from the surrounding retail businesses within the mall and high-income individuals that shop throughout operation hours. Net sales average was $360,000/year that has been steadily increasing since the acquisition from the current owner in 2016 due to the very visible signage that is placed in front of the business. While some marketing has been utilized to increase the sales, other proactive marketing tactics are needed to attract new demographics and expand this business. There are many ways to proactively market this business such as direct mailing, flyers, full-time owner involvement, school fund-raising programs, catering, social media outlets and more products that will attract different age groups. Owner involvement is crucial at the moment as a full-time owner will cut the unnecessary payroll expenses and increase cash flow of the business overall. This franchise has everything in place for a potential buyer to be proactively marketing this business and being fully involved in the day-to-day operations.
Furniture, Fixtures & Equipment: $70,000 (Included in listed price)
Inventory: $6,000 (Included in listed price)
Financing: 100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.
Year Established: 2014
Facilities: This business is located in a 1,050 SF space within a well-known popular mall that has immense foot traffic and surrounding densely populated residential neighborhoods.Support/Training: The owner of the business will provide the necessary training needed to smoothly transition into the business operation.
Reason Selling: Other Opportunities
Competition: Some competitors are within the immediate market area, but this is a well-known franchise that has consistent return customers each year.
Growth And Expansion: Marketing has been done by corporate and the mall sign is widely visible for more exposure, but more marketing methods are needed to generate more cash flow.
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