Profitable Honey Dew Coffee Franchise Locations For Sale
Well Known, Established Brand
Listing Number: 1533
Asking Price: $695,000 (includes inventory)
Gross Revenues: $2,349,901
Cash Flow: $465,000
A package of several Honey Dew coffee franchise locations in Eastern Massachusetts are available for sale! This is an established and beloved franchise with strong brand presence in the Northeast and high customer appeal. These franchise locations rarely come on the market, making this a one-of-a-kind opportunity to purchase a recession proof and in demand business! Along with selling coffee drinks and donuts, the business sells other breakfast and lunch items, such as sandwiches and low-carb options. The locations have been established and profitable for many years and are being sold so the current franchisee can focus on other business investments. 2017 total sales were 2,349,901 with a Seller’s Discretionary Earnings of $231,355 and EBITDA of $174,000. According to industry report IBISWorld, The Coffee Store Franchises industry will benefit from the improving economy over the next five years, as the unemployment rate continues to decline. Consumer spending is expected to grow as people increase spending on convenient, but affordable, food products that the industry specializes in. Industry revenue is projected to rise at an average annual rate of 2.6% to reach $11.7 billion during the period, including an increase of 3.0% in 2017.
• Well-known established brand with high customer loyalty!
• Highly recession proof industry with expected growth over the next 5 years
• Ongoing training and support by the Franchisor for continued success
Financing: This business should qualify for an SBA loan with a 10-20% down payment.
Support & Training: The seller and the franchisor will provide necessary support and training.
Reason Selling: To Concentrate on other business opportunities.