Long Time Established Franchises for Sale

Odessa, TX

Seller Financing Available

Asking Price:$699,000
Gross Revenue:$895,000
Rent:$7,000/Month
FF&E:$100,000
Cash Flow:$215,000
Inventory:$20,000
EBITDA:$215,000
Established Year:2011
BUSINESS DESCRIPTION

Two Locations Both Owner Absentee Managed

Two well-established franchise stores are now available for acquisition. These particular stores were established in 1996 and 2011 by the current owner, who has since developed a loyal customer base. The businesses offer a wide range of products suitable for all seasons.

The current owner bought this location in 2010 for a diverse investment and opened the second location in 2011. It has operated for over 10 years with steady revenues and profits since inception.

Situated in prime locations within a bustling retail center, these stores benefit from substantial foot traffic. The locations have loyal and happy customers. High rate of return for customers due to the exceptional customer service and long time team members. Excellent opportunity for any buyer seeking a profitable turnkey operation, with franchisor support.

The franchisor will offer training, so no experience is necessary. Currently owned by an absentee (distant) owner who is stretched thin between various commitments. This business presents an excellent opportunity for a qualified buyer. The stores are profitable and situated in prime locations, with ample potential for further growth under local ownership. This is an ideal investment for someone looking to take over a thriving business with a strong foundation and a promising future.


DETAILED INFORMATION
Location
Odessa, TX
Inventory
Not Included in asking price
Real Estate
Leased
Lease Expiration
28/02/2027
Employees
14
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Ovens, commercial freezers & refrigerators, walk-in cooler, icee machine, point-of-sale systems and anything else located inside the locations.
Competition
We continue to compete with any and all new competitors that pop up within our market place. Our clientele has been very supportive of us over the years and we recently started offering third party delivery which has expanded our customer reach.
Growth & Expansion
There is a lot of growth opportunity that we are just too tired to go and work on. After a CA is signed we are happy to discuss in more detail.
Financing
SBA loan is a great option. We have sold other locations through an Odessa Bank.
Support & Training
Franchisor requires training for both brands, but we will also assist in training for two weeks or as negotiated.
Reason for Selling
Other obligations have taken over our capacity along with a growing family.
Franchise
This business is an established franchise
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Listed By: Not Disclosed