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#4242
Lake Tahoe

Franchise Candy Business...High Foot Traffic Area

$135,000
Sold
Franchise Candy Business...High Foot Traffic Area
This Listing is Sold

Own a business in Beautiful Lake Tahoe...Long Established Candy Franchise for sale in One of Tahoe's Best Retail Centers.

Great Family business or owner operator.

This is a fun Business in a beautiful resort area.  If you've dreamed of owing your own business and want to keep it simple, this may be the Opportunity for you!

Current owners are mostly absentee and live in Southern California.  They visit the store every month and keep an eye on the business remotely.  If you work at the business, you'll do better than the current owners by the sheer fact a working owner adds value to any absentee business.

The Location is in a Lake Tahoe Business central, near casinos, restaurants, ski sloops, tourists Mecca and large hotels that generate thousands of foot traffic patrons each day.

Company manufactures an extensive line of premium candies and other confectionery products to supply its many franchise locations, delivered fresh by its fleet in refrigerated trucks.

Equipment: All Ti's and equipment necessary to operate the franchise including: counters, sinks, microwave, displays for confections and gifts, Gibraltar under counter freezer, fridge and ice machines, prep tables, POS, utensils and much more!

Rent: $3,812

Sales: 2014 $316,706

Adjusted Net: 2014 $65,010

If you want a established, easy to operate business...make your offer now!

Please visit SellingRestaurants.com to the name and location of this wonderful franchise.

This is a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Scott Beaton DRE License #01853968

Lease

Region:
Lake Tahoe
Lease Term:
Expires July 30th, 2017 + 5 year option
Total Monthly Rent:
$3,819
Security Deposit:
$4,914

Financials

Last Year's Annual Gross:
$316,706
Last Year's Owner's Cash Flow:
$65,010
Last Year's Food Cost %:
43
Last Year's Rent %:
9.5

Operations

# of Full-Time Employees:
2
# of Part-Time Employees:
2
Hours Open:
10-9 summer
10-7 winter
Year Established:
2007

Facilities

Inside Sq. Ft.:
702

Highlights

  • South Lake Tahoe Prime AAA location
  • Franchise confections
  • Easy to run
  • Currently mostly absentee run
  • Great Owner Operator or addition to portfolio

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 5-mi
2014 Total Population 18,802
Households 5-mi
2010 Number Of Households 12,436
2010 Persons Per Household 2.36
Median House Value $353,200
Income Per Household $46,859
Businesses 5-mi
2009 Number Of Businesses 828
2012 Number Of Employees 14,824
2012 Total Annual Payroll $243,370,000

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it in addition to seeking professional advice from an attorney as well as a CPA.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate (if included in the sale), its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User and User should often review the listing on the website to keep up to date.


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