HoneyBaked Market/Cafe with Strong Market Sales...MUST SELL
Location: Illinois > Wes/Southwest Suburbs
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $200,000
Gross Revenue: $570,000
Cash Flow: $29,000
Inventory: $25,000 (Not Included in Asking Price)
FF&E: $93,000 (Included in Asking Price)
Seller Financing: The seller would consider financing a qualified buyer
Business Summary
HoneyBaked...an established icon and the granddaddy of premier food franchises. HBH has been so successful that they bought out their closest national competitor, Heavenly Ham! Currently owned by someone who never intended to operate a market/cafe AND MUST SELL! This business and its cash flow would benefit from a motivated and experienced food service operator. HBH franchises are coveted by those in the food service industry. You can own this existing, established premier HBH Market Café that has yet to reach its full potential and avoid the hassles, negative cash flow and delays of establishing a new location...and you can do this all for less than the cost of opening a new store! No, this isn't a dream, it a real possibility! If you've ever wanted to own your own brand name restaurant...this IS your opportunity...NO REASONABLE OFFER REFUSED!
About the Business
Year Established: 2006
Franchise: Yes
Facilities: The market café is approximately 2,400 sq.ft. with stainless steel display coolers and a large counter space to allow both retail market sales and café’ business. The café accommodates up to 28 dine-in patrons with plenty of parking. The food prep area at the rear is large enough to provide commercial catering. The base rent is $24.40/sq.ft.
Market Outlook and Competition: The HoneyBaked Ham and Café franchise offers many opportunities to generate year round revenue, all backed by exceptional products: Holiday and Special Occasion Meals, Lunch and Dinner, Catering and Business Gifting This is a beautiful new store that will continue to grow with the community. Corporate and catering sales potential hasn’t yet been tapped, the timing and the opportunity couldn’t possibly be better! The mainstay of HBH is the market sales of hams and this location is a top performer despite the owner's inability to fully develop the local market!
About the Sale
Management Training and Support: Training takes place at an approved HBH training site, in Atlanta. This phase lasts for two consecutive weeks. The final phase of your training takes place at your store and is augmented with training manuals, operating guides and video. The seller will provide up to 2 weeks of additional assistance.
Reason For Selling: The seller must commute 3hrs/day and cannot properly develop the local market

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Listing Tools
BizQuest ID:899258
Business Listed By
Name:Douglas T. Walker, CBI, SBA, CMEA
Company:Sunbelt Business Brokers of Greater Chicago
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.