Profitable Dessert Franchise with Management in Place
Description
Established national dessert franchise located in the greater Syracuse, NY market. The business generated approximately $1.15 million in trailing twelve-month revenue and approximately $210,000 in Seller’s Discretionary Earnings.
The store is fully equipped and supported by an experienced employee team that handles the majority of daily operations, allowing the current owners to maintain limited involvement in the business. Ownership primarily handles administrative duties, bookkeeping, ordering, payroll, deposits, and community outreach.
The business has developed strong relationships with local schools, athletic programs, and community organizations through fundraising, voucher programs, events, and pop-ups. Additional opportunity exists to expand these programs throughout the Syracuse market and further develop relationships with nearby colleges, businesses, and community organizations.
The location is positioned in a growing area of Onondaga County, with significant economic development underway in the surrounding market. The sellers are preparing for retirement and will provide transition support to a qualified buyer.
This franchise is not currently approved for SBA financing. Buyers should plan to utilize conventional financing, available cash, or another approved financing structure. Seller financing may also be considered depending on the overall terms of the transaction. Prospective buyers will also be subject to franchisor approval.
Brand identity and detailed financial information will be provided after execution of a confidentiality agreement and buyer qualification.
Agli Goxhaj
(843) 847-8999
Asking Price: $590,000
Cash Flow (SDE): $210,442
Gross Revenue: $1,150,749
FF&E: $143,566
Inventory Value: $10,000
Rent: $3,485/month including CAM
Growth & Expansion:
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- A new owner has several opportunities to grow the business, including expanding existing school and youth-sports fundraising programs, increasing community events and pop-ups, developing relationships with additional organizations throughout the Syracuse market, and pursuing the largely untapped Syracuse University audience.
Additional owner involvement in local marketing and business development could also help increase store-level sales. The existing employee structure allows a new owner to focus more heavily on growth rather than rebuilding day-to-day operations.
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Facilities & Assets:
Approximately 2,164 sq. ft. leased retail bakery and dessert-production facility located in an established plaza shopping center in the Liverpool/Syracuse market. The business is fully equipped for ongoing operations and includes approximately $143,566 of furniture, fixtures, and equipment, along with an existing soda/beverage equipment setup. Approximately $10,000 of inventory is currently maintained on hand.
Market & Competition:
The business operates under a nationally recognized dessert franchise brand in the greater Syracuse market. The store has established relationships with local schools, athletic programs, cheerleading organizations, marching bands, and youth sports programs.
The surrounding market also has significant economic-development activity underway, creating the potential for additional population, employment, and consumer growth. Existing community relationships and the strength of the national franchise platform provide a foundation for continued local market development.
Employees: 10
Year Established: 2024
Support & Training:
The sellers are willing to provide approximately 30 days of transition assistance to help ensure an orderly ownership change. The business also benefits from an experienced employee team already handling daily store operations. Any buyer will be subject to franchisor approval and required franchise training.
Reasons for Selling: Retirement
