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Business for Sale Summary

French Creperie in Queens County, NY - 29376

Business Type: other eating & drinking places,other food stores,restaurant/ cafes,new to market,fast food franchise
Owner Financing
French Creperie in Queens County, NY
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This business has received 53 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $995,000 Down Payment $600,000
Gross Revenues $0 Lease Remaining Register Free to View
Owner’s Cash Flow $300,000 Number of FT Employees Register Free to View

Financing

$600,000 Down and $395K over 3 yrs. @ 6%.

Business Description

French Crepery Master Franchise for sale. The have built eight locations in two years, and continue to grow. They have revolutionized the traditional French crepes, with an American twist. So far, they have primarily targeted upscale shopping malls to penetrate the market quickly. They have been receiving fantastic reviews. You must visit a location and taste the product! They offer a simple setup, low investment ($100-150K per location), low royalty fees (only 4%), etc. These factors make this a highly desirable franchise. In the past year, the master franchise has seen a net profit of approx. $300k (made up of profits from the original corporate owned store, plus royalties and franchise fees from the seven other locations). This business is ideal for an individual, private equity group, or restaurant group who has experience in scaling and growing restaurant chain nationwide. Proof of concept has been confirmed. Full financials will be provided to qualified buyers after showing proof of funds for at least $500k. Please call 1-877-735-5224 for further information. Please visit the location discreetly and do not mention the sale to the staff.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. kg

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.