Business Category: Other Eating & Drinking Places, Other Food Stores, and Restaurants
City/Region: Kent County
Listing Price: $99,999
Cash Flow: $53,200
The highly-rated Company provides freshly made specialty food out of a well-located kiosk in RiverTown Crossings mall. The highly profitable Business has experienced rapid growth since its inception 4 years ago. The Company has very high customer satisfaction, which is shown by its extremely high ratings on Facebook and Google. The operation is efficiently run and requires only 3 to 5 employees. Currently, ownership spends 20 to 25 hours per week managing the Company. While the concept has been established, there are many opportunities available to significantly grow the Business.
Opportunities For Growth:
(1) Grow Catering Business: The Company’s catering services are a very small part of the operations. There is significant opportunity to expand this side of the business.
(2) Open More Locations: Since the concept has been established, new ownership could easily expand by opening more locations are franchising.
(3) More Active Owner: Current ownership spends up to 25 hours per week managing the Company. A more active and growth-centric owner could easily find additional opportunities to grow the Business.
(1) Prime Location: Located inside RiverTown Crossings mall gives the Company access to a huge customer base.
(2) Impressive Sales Growth: The Company has grown almost 20% since its first year in operation.
(3) Efficient, Straightforward Business Model: The food offering is simple, but in high demand and the operations do not require many employees.
(4) High Customer Satisfaction: The Company has raving fans shown by the fantastic reviews and ratings online. These posts help promote the brand and entice new visitors. High customer satisfaction also correlates closely with repeat business.
Real Estate Available: For lease
Reason For Sale: The owner has other business interests.
Number of Employees: 5