Franchised Juice Bar - 100% Employee Run - Upscale Palm Springs Area
Asking Price: | $225,000 |
Gross Revenue: | $428,593 |
Rent: | $3,998/Month |
Cash Flow: | $88,725 |
Inventory: | $7,500 |
Great opportunity to acquire a Franchised Juice Bar package, 100% absentee owned and 100% employee operated in desirable and upscale Palm Springs Area, County of Riverside.
Please note, that this desirable franchise is located on a major busy street inside a large shopping centers, providing subject business with a steady volume of traffic.
Current ownership dedicates almost no time and resources for advertisement and promotion of this business and most of its clientele is established repeat or referral, therefore, upside potential, additional revenues and resulting higher bottom line may be realized by actively engaging in advertisement campaigns and utilizing social media.
Sellers maintain a full complement of staff with high payroll related expenses.
Financial Highlights:
Total Gross Sales F.Y. 2023: $428,593.00
Total NET Profit/Normalized SDE F.Y. 2023: $88,725.00
NET/SDE is after Add Backs including GM Salary and based on owner/operator model.
Number of Employees Per Store: 8+-, Manager-1
Verifiable gross sales, 100% absentee ownership, full complement of staff, busy major street location(s) presents an attractive acquisition opportunity.
Acquisition of this Franchise is subject to corporate approval of the incoming buyer. All inspection and viewing of “Back of the House” are by appointment only.
This is a Confidential Offering, utmost discretion is requested.
Disclaimer: The aforementioned information was furnished by the Seller. Business Brokers and/or its agents have not and will not verify the accuracy or completeness of information provided and make no representations as to its accuracy or reliability. Purchasers are hereby advised to consult with their legal and financial advisors to the extend they may deem necessary.