Doc Popcorn- Memphis

Business Opportunity for Sale
Catylist Listing ID: 30223548
Property Subtypes: Food and Beverage
Building Size (RSF): See Agent
Sale Price: $29,900
Name of Establishment: Doc Popcorn- Memphis
Business Website Address: www.docpopcorn.com
Franchised Business: Yes
Franchise Parent Name: Fischer Enterpises
Year Business Established: 2013
Gross Revenue: $48,000 (Annual)
Cash Flow: $25,000 (Annual)
Sale Terms: Cash to seller at closing.
Last Updated: 11/19/2018

Overview / Comments

Part time work with full time income potential. Established Doc Popcorn Franchise operating in the Greater Memphis Market area. This opportunity can be part time, seasonal, or an all out storefront location. This franchise truly fits all lifestyle choices. Currently operating with two mobile carts, Doc Popcorn is a favorite at local events and venues. The model can also provide for a mall kiosk. Current owners participate in a wide variety of events including sporting events, festivals, tourist attractions, Memphis Convention Center events, and during holiday seasons, shopping centers. Doc Popcorn also provides both catering and fundraising opportunities and tools. Low investment and barrier of entry. Cash flows immediately. With its wide variety of gourmet flavored popcorn, Doc Popcorn is revolutionizing the way people snack in high traffic venues. and is one of the fastest growing and best franchises on the market today.

Additional Details

Nearest MSA: Memphis
County: Shelby
Industry Segment: Other Food and Beverage
Reason for Selling: Retiring
Value of Inventory Included ($): $3,000
Value of Furniture, Fixtures, and Equipment ($): $30,000
Value of Real Estate Included ($): $0
Real Estate Lease Description: Home-Based working with 2- Mobile Carts. Trailer and Vehicle to transport mobile carts. (Home Based)
Employee/Labor Description: 3- part time employees
Mgmt/Training Support Description: New owner will attend training program at Doc Popcorn Corporate Headquarters and current owners will serve as consultant for limited time.
Competition/Market Description: Auntie Anne's Pretzels, Maui Wowi Hawaiian, Nathan's Hot Dog Cart. Must transport all equipment, inventory and materials to and from venues.
Growth/Expansion Opportunities: Expansion opportunities are great. This model can grow into Mall Kiosks and/or Full Retail Storefront in shopping malls or other retail venues. Purchaser can continue to operate in the Memphis area or branch out to other geographical locations/facilities of choice.
Seller Financing Description: N/A

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,689 79,043 170,039
Median Age: 34.32 35.59 35.35
Households: 5,607 33,917 69,864
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