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Listing ID: 2717726

Delivery of Special Occasion Delicious Gifts For Sale

Douglas, Nebraska, United States

$ 575,000

(Furniture / Fixtures and Inventory / Stock included)

Revenue: $ 1,542,150

Cash Flow: $ 201,011

Business Description

Operating in a protected territory with 4 fully managed locations, this business has been serving custom and gourmet treats and gifts for over a decade. Part of a national franchise with locations across the globe, these stores are the only ones in Nebraska and the only service for Council Bluffs. With $135,876 in assets, these locations are well-equipped to exceed the expectations of this reputable franchise.

Each store is fully staffed with part-time help and a full-time manager. A delivery van comes with each location, helping to serve the increasing online and same-day delivery sales. The smallest store is 1,200 sq. ft., with the largest two both at 1,600 sq. ft. These locations have strong repeat business. The franchise average puts customers ordering 1.7 products each year, but these stores average between 2.9 and 3.1 products per person each year.

Sellers currently oversee operations and do not need to work inside of the retail stores. Both are passionate about the brand and products, and so spend more time than is necessary within the stores. A new owner would have flexibility to be involved or absentee.

Property Details

Size:

4 Locations; Location 1 – 1,200 sq. ft. ($1,855/mo), Location 2 – 1,438 sq. ft. ($2,861/mo), Location 3 – 1,600 sq. ft.($3,517/mo), Location 4 – 1,600 sq. ft. (1,855/mo)

Years Established:

12

Property Type:

Lease

FF&E:

$ 135,875

Other Details

Business Location:

Omaha, NE & Iowa

Expansion Potential:

Local marketing, online sales

Operation Details

Employees:

4 FT Managers (1 in each store), 46 PT employees

Trading Hours:

8am to 7pm

Support & Training:

90 days plus franchise training

Miscellaneous

Financing Available:

Yes
Purchase Price: $575,000 10% Buyer Down Payment: $57,500 10% Seller Financing: $57,500 80% Bank Loan: $460,000 A 10% down payment would net $109,332 after all debts in the first year – a 190% return on investment!

Reason For Selling:

Partnership dissolving

Contact this seller

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