Popcorn and Sweet Shop on a Busy Road. Price Reduction Weekly!!

Quincy, IL

Seller Financing Available

listing image
Asking Price:$74,900
Gross Revenue:$200,000
Rent:$625
Established Year:2016
Cash Flow:$50,000
Inventory:$17,000
FF&E:$25,000
BUSINESS DESCRIPTION

Seller Needs to Move On to be a HealthCare Provider For Family

Recently discounted $75k for Quick Sale! Make Offer
This specialty snacks store is perfect for someone looking to break into a fun and creative corner of the food and retail industry. Not only is it already established with a local Ma and Pop store feel, but it’s easy to run and already equipped with all the staff needed to do so. This product is also perfect to hit the festivals and art shows. This business can easily be grown.
The store’s main snack is crafted in-house with the company’s special recipes. Due to making it in-house, the store is able to offer seasonal flavors and treats for every occasion. This store receives a lot of walk-in purchases and also participates in catering at local events. However, it also has a steady supply of bulk orders from other businesses that makes up a large portion of the revenue.
Currently, the company doesn’t advertise beyond social media and showing up to events and festivals. However, all this means is that any marketing a new owner does is going to be reaching new potential customers. An online purchase option being added to the website would be a big boost to sales and allow for the snack shop to increase its range. Beyond that, the company could work on increasing its B2B sales for a more reliable, passive source of sales.
As the current owners are not tech savvy, they’ve decided to leave any improvements up to a new owner. The current owners originally bought the company in order to have a tax write-off that year. Now, a few years later, they’ve grown this business’s revenue to about four times the original company’s revenue and are ready to sell it to a new owner. The current owners are selling in order to free up more personal time to spend with their family now that they’ve grown this snack shop to its current size.
The owners are willing to actively assist a new owner in the transition as they want a new owner to succeed and grow the company further.


DETAILED INFORMATION
Location
Quincy, IL
Inventory
Included in asking price
Real Estate
Leased
Lease Expiration
30/06/2026
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All equipment used in operation is included in the FF&E. All of the fixtures and furniture in the storefront is also included. All catering/event equipment is also included.
Competition
There is no competitor of this specialty snack shop within two to three hours.
Growth & Expansion
For all that the company does well at events and has plenty of walk-in traffic, this company would flourish with an online purchasing option.
Support & Training
The owners are very invested in making sure that a new owner feels comfortable taking over. The sellers are willing to teach the new owner about the business and the in-house recipes.
Reason for Selling
Health Issues With Family Member
Report an Issue with this listing
profile-img
Gene
Townley
logo-img
Gene Townley