This Cupcake Franchise is a rapidly expanding and emerging cupcake and creamery franchise with 160 locations, worldwide. There are more than 10 locations in the Houston area with no available licenses remaining, so this is a great opportunity to acquire a business with an established brand and limited availability to purchase territory rights. The franchise has been recognized and awarded by several publications and has been featured on the Food Network's Cupcake Wars. With a simple business model, defined and easy to follow operating procedures and only a 3% royalty, this is definitely a franchise to consider.
This is a newly opened, turnkey operation located in newly constructed strip mall. The business is located near a growing residential area with many new developments and major retailers and shopping centers all within a 1 mile radius. The current owners have gone through all of the hassles of the start-up phase, including store build-out and design, purchasing equipment, hiring staff and marketing. The all-in costs total approximately $130K. The inside decor is appealing and welcoming. With freshly painted walls and brand new flooring, you, your employees and customers will enjoy being there. If you are considering buying a new franchise, this one is packaged and ready to go. You'll save time and money by skipping the long process of finding a location, negotiating a lease, hiring a contractor, ordering signage, hiring employees and promoting a grand opening. Additionally, you'll benefit from positive cash flow immediately.
The business has been opened for less than a year, so there is definitely an opportunity for extreme growth. The market has barely been tapped. Additionally, the sellers own the rights to open another location in a neighboring territory which is not included in the sale. However, if an prospective buyer is interested in acquiring the additional territory, the seller is open to discussions.
The licensing agreement for the franchise restricts the opening of any other stores within a 10 mile radius. Additionally, the seller owns the rights and license to open a location in neighboring territory. The additional license is not included in the asking price but is open for discussion. Other competition includes other bakeries and sweet shops in the area.
The sellers opened this bakery with a general manager in place. Since opening, the general manager unexpectedly relocated. The sellers own two other businesses and don't have time to manage a third; therefore, the decision to sell.
Will train for 2 weeks @ no cost. The business is a bakery that offers specialty cupcakes and creameries. Standard business and operating licenses required.