Dinner's Ready Franchise For Sale

Business description

Priced $175K below Cost. The Seller has over $250K invested in just the build out of this business - Seller's Loss - Your Gain. This is the business of the future with the growing demands put upon the two income families. Ideally located in a mixed neighborhood of businesses and residential the demographics are ideal for the future growth of this business. There is no competition in this area. Dinners Ready offers three convenient ways for the client to use their services - they will make the meals and have them ready to pick up, the client can make their own meals and take them, or they can pick up a pre-assembled meal for on the go times. They offer 2 - serving, 4 - serving or 6 - serving meals in any combinations. This business opened in October 2005 and has been growing steadily ever since. There are about 25 - 30 clients weekly with an average of $175 per client spent. The Franchise fee is 5% - the Ad Fund fee is 5% - the Transfer fee is $1,000 and the training is free and locally hosted at Dinners University in Mukilteo. Dinners Ready is on the cutting edge of the dinner preparation business and you can be on the cutting edge by owning this franchise at a fraction of the cost required to open a new location.

Franchise terms

The Franchise fee is 5% - the Ad Fund fee is 5% - the Transfer fee is $1,000 and the training is free and locally hosted at Dinners University in Mukilteo.

Property information

Real Estate:

Lease

Lease terms:

This is an outstanding location in a newer strip mall in a primarily mixed neighborhood of commercial and residential - the perfect demographics. The business occupies 2230 sq ft with a build out that cost over $250,000. It opened in October of 2005 and the equipment and fixtures are like brand new. The only leased item is a dishwasher for $80 per month. The base rent is $3,549 plus NNN charges of $1,607 per month. The Lease runs till 11/30/2010 with a 5 year option to extend the term.

Location:

This is an outstanding location in a newer strip mall in a primarily mixed neighborhood of commercial and residential - the perfect demographics.

Other information

Expansion potential:

The current owners have scarcely had time to promote this thriving new business. The gross sales have been increasing monthly as the word of mouth spreads. The new owner could easily expand the service to include baby showers and new parents, seniors, gifts for employees, weddings, and many other areas. With the age of the two income families this is the business of the future.

Competition / Market:

The Franchisor guarantees a clearly defined and protected area for each Dinners Ready franchisee. There are no other dinner preparation businesses in the immediate area. The demographics of this area are perfect for insuring continued success for the new Buyer.

Support & training:

The Franchisor provides 5 days of intensive training, locally in Mukilteo, at Dinners University. Then a corporate trainer will be with the Buyer during their opening week. If more training is necessary the Seller will be available.

Reasons for selling:

One of the Partners is moving out of State

Trading hours:

9 AM – 1 PM (M, Tues, W) 5:30 PM – 7:30 PM (M, Tues, W) 8 AM – 8 PM (Thurs & Fri) 8 AM – 2 PM (Sat)

Financing available:

Cash or Bank Financing

Furniture / Fixtures value:

$60,000 (included in the asking price)

Inventory / Stock value:

$7,000