Sale Pending
Desirable Escondido Dessert & Coffee Cafe-Strong Sales & Income
This is a rare opportunity to acquire a thriving coffee & dessert café located in San Diego County's North County next to a movie theater.This wildly popular establishment boasts a wide variety of delectable treats, including ice cream, waffles, crepes, chocolates, shakes, pastries, cookies, coffees, and teas, drawing in a loyal customer base. As part of a rapidly expanding franchise, this café benefits from proven business model and strong brand recognition.
This business continues to thrive, thanks to an established menu, recipes, and a dedicated staff. The prime location offers indoor seating, providing a comfortable and inviting atmosphere for patrons. The current owner is committed to providing comprehensive training to ensure a smooth transition. With a favorable and secure long-term lease, this turnkey opportunity is primed for further growth and success. Don't miss the chance to own and operate this highly profitable dessert and coffee café in a desirable location. Inventory is included in the sale price.
Franchise fee of $45,000 is included in the sale price plus training in the store. Franchise royalty fee is 6% and marketing fee is 1% of sales. 12 US locations and 3 international.
List price is $69,000
Sold July 16th 2024.
Buyer Allen Wong & Julia Yang
Listed By: Teri Craft
Background information
Reference:
escdessertcafe
Year established:
2022
Reason selling:
Desire to focus on corporate sales and operations
Finance
Sales:
$279,712
Profits:
$52,056
Profit type:
Net Income
Operations
Employees:
6-7 employees
Equipment:
4 menu boards Refrigerated display case, Countertop pastry display case, Toast POS system 2 crepe makers, Waffle iron, Pancake maker, Microwave, Espresso machine, Coffee grinder, Ice cream freezer, Ice maker, Countertop refrigerated topping holder, Tables, Chairs, Storage racks, Lockers, Ring security with 6 cameras
Premises
Square footage:
1,500
Rent and lease terms:
Monthly rent is $2,775, plus CAM charges of $1,425. Lease expires in 2028
Location:
Located next to Theater
Opportunities
Growth:
This franchise offers good growth potential plus opportunities to expand the market.
Price and terms
Price:
$69,000
Training:
Franchise training available in store