Candy Franchise

Candy Franchise

Available

$289,000.00

Listing Number :

 3588

Status :

Expired

Price :

$289000

Share

Added to Favorite

Favorite

Print

Area

1000

Description

The American public has a serious sweet tooth, which is why the candy isdustry in the U.S. is worth $36.4 billion while the global candy market rakes in more than $186 billion each year. Deending on who you listen to; rising demand for chocolate fueled the 2.7% growth in the global candy market in 2017. The confectionery industry is expected to grow 3.3% this year. You can combine fun, profit, and confections with a candy franchise. Owning a candy franchise is a great business for celebratory recurring events like birthdays, celebrations, graduations, anniversaries, and job promotions. If you enjoy spending time around people and celebratory environments, then a candy franchise might be a good for for you. It’s located in an affluent and fast-growing bedroom community in the outer East Bay market of the larger San Francisco Bay Area. The gross sales figures for the last four years averaged over $400,000. Each year with a net to owner of 18% plus before add backs. 1000 sq.ft. premise leased for around$4,500/m. For those with a serious interest in this franchise resale please complete our standard buyer profile and non disclosure agreements available from the listing agent for the name , address and other information.

3588

Business Information Financial Information
Ownership Type:  Corporation
Year Established: 2008
Year Purchased: 2008
Business Type: Candy Franchise
License(s) Required: Business, Health
Hours of Operation: 10am-9pm M-Sat/11am - 6pm-Sun.
Business Relocatable: No
Business Is A Franchise: Yes
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3588
Date Available: 11/12/2018
Reason For Sale: Other Business Interest,
Annual Total Revenue: 390288
Annual Net Income: 91200
Inventory: 10000
Monthly Payroll: 4952/m
Lease Information
Base Rent: 4500/m
Lease Expires: 2022
Lease Option: 1x5 years option
NNN: 218/m
 
Financing Information
Down Payment: 289000
Owner Will Carry:
Other Finance Terms:

Similar Properties