Established & Profitable Kettle Corn Business/Franchise For Sale Seller Financing Avaialble

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Established & Profitable Kettle Corn Business/Franchise For Sale Seller Financing Avaialble

Listed by Business Broker
Established & Profitable Kettle Corn Business/Franchise For Sale Seller Financing Avaialble

Asking price $229,000

Raleigh, NC


Cash Flow: $125,071

Gross Revenue: $239,358

EBIT DA: No Data

FF&E: $25,192

Inventory: No Data

Established: 2016

Type: Independent

Business listed by:
Lenwood Mills
First Choice Business Brokers Raleigh Durham
9196518353


Business Description:

Who doesn’t love watching the show and enjoying the intoxicating aroma of handmade, freshlypopped kettle corn?  The smell fills the air and inevitably draws crowds from afar like a magnet. Customers rave about the gourmet quality, unique ability to choose from and mix 10+ flavors,and being able to see their product being made.  Almost all get a taste and excitedly proclaim -“It is The Best I’ve ever had.”  Here’s your opportunity to bring that joy to others as the nextowner of this very profitable, pandemic-proof, and turn-key kettle corn business!This franchise opened in 2016 and has experienced at least a 30% growth every year over theprevious year.  In 2019, the business did 240k in sales with 40-50% profit margins depending onlabor costs.  You won’t have any problems generating sales with over 1,500 followers on socialmedia, another 2,500+ in an email listserv, $2,000/month revenue from the website(www.UncleDavesNC.com), and countless other loyal customers.  Operational standards aredocumented, but current owner will also help implement those standards making for a smoothand successful transition!  This is not your normal mobile food business that is always traveling around to different events. You do have a complete setup that you can take to any events, but all of the sales in 2019 weregenerated at a permanent location at the North Carolina State Farmers Market.  This isn’t yourweekend farmer’s market and is one of Raleigh’s and North Carolina’s biggest attractions that isopen to the public every day of the week.  The market is a secure facility, with 24/7 vendoraccess and all equipment and supplies remain in place helping to avoid daily setups andbreakdowns.  All businesses at the Farmer’s Market are also considered an essential businessduring the pandemic, so you never have to worry about being shut down!  Historically, the State Farmers Market receives 1.5-2 million visitors per year but that number isexpected to increase with the population growth in Raleigh and multiple new entrances includingto Raleigh’s Dix Park (https://dixpark.org/master-plan).  Dix Park is a 308-acre park locateddirectly behind Raleigh's Farmers Market currently undergoing a multi-million dollar renovationset to attract millions of visitors each year.  This business is completely ready to go with anything and everything you need from 2 SquarePoint Of Sale systems, T-shirts, signage, tools, equipment, supplies, etc… It even comes withenough popcorn kernels to do over $10,000 in sales!  You will have to work hard, but whowouldn’t want to be their own boss, creating their own hours and building their own team whilemaking kettle corn and enjoying the outdoors, great neighbors and delightful customers dayafter day?  Do you think you have what it takes to continue the 30% growth year over year andhit 1 million in sales in the next 5-6 years?  Or do you think you could do it sooner than that?


Selling Reason:

Seller wants to focus oh his other business

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