Business description
This successful operation has been growing since opening in 2008. The seller has created a loyal clientele. This business is offered for sale below cost to open this location. Great turnkey opportunity for an owner operator who is ready to be his own boss.
Property information
- Real Estate:
- Lease
- Lease terms:
- 2.5 years with a 5 year renewal option
- Leasehold rent:
- $2,400/mo per annum
- Location:
- Locate in a strip mall with good parking
- Premises details:
- 1,100 sq.ft.
- Size in square feet:
- 1,100 sq.ft.
Business Operation
- Expansion potential:
- The business has yet to reach its potential
- Reasons for selling:
- Other business interests.
- Trading hours:
- 4:00pm-2:00am
- Employees:
- 4
- Years established:
- 1998
Franchise terms
- Franchise opportunity:
- Yes
very low 1% Franchise fee + 1% advertising fee.
Other information
- Support & training:
- Full training and transition support will be provided by the seller.
- Financing available:
- Seller may carry some financing for the right nuyer
- Furniture / Fixtures value:
- $96,000 (included in the asking price)
- Inventory / Stock value:
- $2,000