Growing Franchise for Great Price!
Kingsport, TN
| Asking Price: | $100,000 |
| Rent: | $3,250/Month |
| Established Year: | 2021 |
| Gross Revenue: | $195,000 |
| FF&E: | $125,000 |
Listing ID: 2224961Listing provided by BizBuySell
BUSINESS DESCRIPTION
Magnolia Soap and Bath CO
Growing franchise with great potential. Magnolia is quickly expanding across the country, and we have worked hard to build an excellent name in our community. Plant based products are in high demand, and we make the best! We also have an amazing team that knows and understands our products and culture of amazing customer care. Willing to help train and transition new owners over two months. New Magnolia franchises cost on avg $300,000 to open. Our store is built, beautiful, stocked and ready to go! You will not be able to get started in this business at this price any other way. Take our foundation and build a legacy.
DETAILED INFORMATION
Location
Kingsport, TN
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,000
Lease Expiration
01/10/2026
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The store is completely built out and stocked. Everything is included in the asking price.
Competition
So much potential! We have yet to saturate the market with our products. Our limited start has kept us from being able to invest in getting our name out everywhere. Magnolia has a proven system to drive customers in the door. I can help you implement it.
Growth & Expansion
Potential to expand in the Tri-Cities and Pigeon Forge.
Support & Training
Two months transition time and training.
Reason for Selling
We weren't ready to own a business. We were under capitalized before we even op
Franchise
This business is an established franchise
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