Unique opportunity to purchase a franchise company and own 2 franchise brands as franchisor.
Currently there are 26 locations for both chains which is owned by one group. One chain has been servicing customers for over a half century and the other brand is a cafe concept.
Revenue for both brands over the past 12 months is 20 million in system wide store sales which has increased from 19 million. 9% royalties is collected from these 26 locations and from this $20 million in sales. 1.7% is also collected from vendor rebates which adds another revenue stream to the company.
One must be well capitalized to look at entertaining a potential purchase for this franchise business. To engage further discussions one will need to have access of 4 million at a minimum to entertain further discussions. A portion of the sale could be vendor financed with interest over a period of time of 3 to 5 years.
Once an NDA is signed then the name of the brand and financial details will be released in addition to a confidential application being filled out.
Net Operating Income is looking to be $1,520,000 for 2024. Typically franchise company sale evaluations range in the 6 to 7 times multiple.
Price $8.8 Million
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