Absentee Co-Branded Great American Cookies & Marble Slab Creamery

Austin, TX

Seller Financing Available

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Asking Price:$395,500
Gross Revenue:$447,631
Rent:$4,397/Month
Established Year:2018
Cash Flow:$137,014
Inventory:$20,328
FF&E:$45,000
BUSINESS DESCRIPTION

Owner works 5-10 hours a week in this well staffed growing franchise location.

Mostly absentee (Owner works 5-10 hours per week but not required) fast growing Co-branded Great American Cookie and Marble Slab creamery in the greater Austin area. Due to moving out of the state the seller has chosen to sell this easy to run, profitable operation.

Last 12 months sellers discretionary earnings (TTM SDE) - $137,013.
Asking price- $395,500
Multiple- 2.88X For a mostly absentee business represents a fantastic ROI for a buyer. When considering potential revenue and profit growth, an experienced owner may be able to rapidly grow sales and reduce the time to return on this investment.

A new owner who wanted to maximize profit could work in the business part time or full time and drastically reduce costs. The business is easy to run and has a full management team.

Strong team in place with impressive tenure for this industry. Owner believes there is still opportunity for growth as the area is exploding in population and large retail centers are being built nearby which will drive more potential customers.

This local establishment offers a delightful selection of freshly baked cookies, cookie cakes, and brownies. Known for its dedication to quality, this business benefits from strong brand recognition and a loyal customer base.


DETAILED INFORMATION
Location
Austin, TX
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,187
Lease Expiration
01/05/2028
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This is a leased location of 1,187 square feet with a Total monthly rent of $4,397. Lease ends 05/2028 with one (1), five (5) year option. Seller is active with 1 FT and 5 PT employees. Hours of operation are Mon-Thur 11am-9pm, Fri/Sat 10:30am-9:30pm, & Sun 11am-8pm. $20,328 in inventory and $45,000 in FF&E included in the asking price.
Competition
The market is rapidly growing and the seller is confident that sales will continue to climb.
Growth & Expansion
A new owner can become more involved in the community/ schools, offer more aggressive specials and do simple marketing to drive sale. The current owner believes there are many opportunities to grow the business.
Financing
Seller may be open to financing for a well qualified, cash buyer
Support & Training
Owner is happy to assist in training but will be moving out of state so may need to provide consultation via phone/email. The franchisor offers training and the seller has agreed to pay for the cost of the franchise transfer fee.
Reason for Selling
Seller is moving out of state
Franchise
This business is an established franchise
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Justin
Dalton
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Justin Dalton