Supreme Fish Delight Franchise for Sale – Est. 33-Years Corporate Owned – Profitable

by Steven Josovitz

Post image for Supreme Fish Delight Franchise for Sale – Est. 33-Years Corporate Owned – Profitable

#1644

(This is an Open and Operating Business.  Please do not make any attempt to contact Staff, Management, Landlord and or Ownership. Documentation and Inspections will be provided upon request)

Store Details:
2100 sq. ft.
Established 33-years.
Corporate owned location.
Gross Sales – 461,110
Net Sales – 430,944
Profit – 49,172
Percentage – 11.4%
Lease Terms – Lease expires 9/30/17 with one option for 5 year renewal
# of employees: 4 FT, 7 PT total 11
Delivery: Uber Eats
Fun Trivia fact is that this location was originally Waffle House Corporate Hq.
Listing Terms – Supreme Fish Delight on Columbia Drive (Only) 
$150,000 USD list price
25,000 USD franchise fee – waived for the sale of this location, especially since we would like a facade improvement.
5% Royalty paid monthly on Sales (Net of Sales Tax)
Purchase of in-store food inventory at market price (Receipts will be provided)
Supreme Fish Delight (SFD) 
SFD will negotiate an additional 5 year lease term and confirm a 10 year lease with the property manager
SFD will waive the first 6 months of royalty payments April 1 – September 30.  (First payment will be November 1, 2017)
SFD will reduced the 5% royalty to 4% allowing a savings for the owner operator for a 2 year contract term (Increases to 5% after 2 years)
SFD will conduct 3 weeks of in-store training for the operators
SFD will introduce the new operators to the community (elected officials, schools and churches)
Owner Operator
New Operator will provide “in-store” improvements to the interior of the location which are estimated to be between $10,000 to $15,000.
  • Bathrooms, Lobby Floor, Ceiling, Furniture

 

 

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