- Type: Commercial
- Style: Single Story
- Size: 3,000 sq. ft.
- Lot Type: Rectangular
This 3000 square foot store has been in the downtown Hyannis Market for over 20 years. which is newly renovated The store has a loyal following and many lifelong customers. Many co-tenants, good traffic and plenty of parking as well as a excellent location in the heart of Hyannis- the heart of Cape Cod. Current ownership has been in place for the last seven years and will assist in this sales transition.
Average Gross Sales for this store is about $760K per year. All of the detailed financial data on the store is provided by the franchisee. This location in its prime had over $1M in sales. Today they’re at about $475,000 which is the result of a partnership group with different interests. A single owner or smaller partnership structure will have an immediate impact on sales.
The asking price for the store has recently been reduced to $259,000. In addition to the purchase price we require you come in with at least $50,000 in working capital.
The Franchisee will review the store prior to a purchase to see if there are any brand standard or computer upgrades required. On-going franchisor support includes advertising, marketing, inventory and financial management.
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