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Waffle Store for Sale in İzmir, Turkey

For Sale: Leading, highly profitable franchised waffle brand based in Turkey.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 30 - 40 thousand
Run Rate Sales USD 45 thousand
EBITDA Margin 30 - 40 %
Industries Waffle Stores
Locations  İzmir
Local Time 7:44 PM Europe / Istanbul
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 500 thousand (Native Currency: TRY 20,000,000)
Reason: Owner wants to sell it for health reasons.
Includes physical assets worth USD 6.3 thousand
Interested to connect with advisors
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Business Name
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User Verification
Documents
Award Brochure
Award Certificate
Logo
Branding
Baked Waffles
Waffle Mix
Coffee
Business Overview
- Waffle brand headquartered in Izmir, with 23 franchise branches.
- We are selling the entire brand and its production facility (branches are not subject to sale).
- Dealerships are given with the franchise system.
- On an average, 150 waffles are sold daily by each outlet, there are also beverage group sales, but it varies. Average turnover per branch is approximately TRY 120,000 per month and average profit margin is 30% for franchisees. Approximate net income per branch is TRY 40,000 per month.
- A one-time franchise fee of TRY 50,000 is charged for new sales points. No fee is charged on turnover. A monthly marketing support of TRY 1000 per branch is received.
- It has high profitability and simple business model.
- We do not have a production capacity problem in terms of our existing branches. Under current conditions, we can produce ingredients for up to 100 branches without any problems.
- Our brand was awarded with the International Taste Award by ITI/Brussels in 2017 and 2020.
- Valuation is based on upcoming plans for export and end-user potential projects which will impact the revenue figures positively.
Products & Services Overview
We provide waffle powder, ready waffles, chocolate and café group products.
Assets Overview
Production plant, equipment, stocks and office equipment.
Facilities Overview
We have rented manufacturing plant of 1,200 square feet and office of 750 square feet.
Capitalization Overview
Not Disclosed
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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