Established in 1999, this store is located in a grocery-anchored shopping center in South Denver Metro. This is an outstanding opportunity to buy a store that has increased gross sales by 28% in 2004. Gross sales, Cash Flow and SDE listed below are annualized based on 10 of 13 periods reported YTD 2004. A long-term market lease is in place, currently at $22PSF, NNN. Recently this location has been listed in the top three comp sales stores in the country. Locally Papa Murphy’s is a closed market and franchises are only offered to existing franchisees. Purchase this store and join the premier take and bake franchise systems in the country.
- Location: Denver / Boulder Metro
- Price: 169,000.00
- Status: Sold/Leased
- Reference Number: 10101
- Square Footage (Building): 1350
- Annual Gross Sales: $433,000
- Cash Flow(EBITDA): $54,600
- Seller's Discretionary Earnings (SDE): $74,600
- Terms: Cash or terms acceptable to Seller. Possible SBA financing with a minimum of 30% down.