Food Franchise with High Profit Margin.
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Asking Price
$149,000
Detailed Information
Summerfield, Florida, US
Not Provided
NA
Business Description
This business boasts $300,000 in yearly sales with a $100,000 net profit, taking into account a $60,000 annual payroll. The location is prime for an E2 visa application, with rent costs equaling just 8% of sales, or $2,000 per month. This fee includes utilities and services, making overhead costs favorable. Situated in a lively retail center, the franchise's low 7% royalty rate and $10,000 transfer fee stand out in the food franchise industry. A recent transition from a previous manager has revitalized operations, ensuring a focus on online orders and full-time hours to cater to increasing demand. The business's strategic location, surrounded by burgeoning residential developments and high traffic volume, positions it for continued success. Conveniently located within 2 hours of major cities like Orlando and Jacksonville, the business operates in a neighborhood with a 7% yearly population growth rate. Additionally, the vicinity is near various apartment complexes and a new residential