$849,000
Business Type: Food Business Retail / Deli/Catering
Food Business Retail / Deli/Catering
This business is a Twin Cities multi - store national
franchise specialty food retailer. They were open all during the pandemic
as they were designated as an essential business. 2020 sales were slightly affected by the pandemic, but the 2021 numbers show some of the highest sales & cash flow ever. Their sales over the years have been very consistent with
a strong seller's discretionary earnings averaging between 12.5% and 15% of
sales. This business is seasonally like all retail businesses. The current owner utilizes in store managers at each location allowing
him to limit his hours for most of the year but working up to 40 hours per week
during the holiday seasons. This provides him with a lot of flexibility as to
his time commitment. If the buyer chooses to work more hours, the buyer could
increase the cash flow by limiting the store managers hours. Moreover, this is
a retail business that is NOT open from 7 am to 9 pm 7 days a week!! This
business is only open about 46 hours per week and no Sundays or holidays! The
quality buyer will need to be vetted by the franchisor and then, if approved,
attend training at both the corporate training location and at one of the
certified training stores.
For inquiries or to get in touch with us directly, please feel free to reach out via the provided phone number or complete the form below. We’re here to assist you in any way we can, making your business exploration as seamless as possible.
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