Absentee Co-Branded Great American Cookies & Marble Slab Creamery
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 |
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.