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Prime location coffee/tea franchise with a highly successful business model and fast growing sales is available for acquisition. This business was established in the beginning of 2019 by the current owner of the business. Most of the customers are upper-class young adults and families that live in the luxury apartments throughout the local area and traffic from the densely packed main street beside this business. Gross sales average is $65,000/month that is consistently growing at a rapid pace as the brand name and the concept is highly recognized by many young adults. Competition can be expected within the beverage business sector, but this franchise has a unique concept that other beverage based businesses can't mimic as well as providing high quality products that is only available for this franchise. Although corporate marketing is in place to grow the business, other proactive marketing methods needs to be fully utilized for this business to maximize profits and grow the customer base outside the current customer list. There are many ways to proactively market this business such as direct mailing, loyalty programs, social media outlets, student discounts, corporate accounts and full-time owner involvement. Having a full-time owner-operator will greatly help this business realized any potential cash flow streams and reduces payroll expenses. This successful franchise concept is ready for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation to realize their potential.
This business is located in a 1,962 SF space of a mixed-use development facility that has numerous luxury apartment complexes nearby and high-end retail businesses.
Corporate marketing is in place to actively grow the business, but other local marketing methods needs to be utilized for this business to grow further.
Few competitors are within the immediate market area, but this business is a well-known franchise that is rapidly growing throughout the US and is placed in a dense area of high-income individuals.
Other Business Opportunities
The owner of the business will provide substantial training to smoothly transition into the business operation.
100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.
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