ASKING PRICE: $358,800
Royalties:
Revenue: 500,000
Total Net Income: 200000 not including payroll and royalty.
This boba tea franchise is fairly small with only 3 stores so far.
Is this a good buy?
Code:
• $5,000 in inventory
• $50,000 in equipment
• $28,800 franchise fee
• $250,000 in store renovations
Royalties:
Code:
• Revenues $24,999 or below: 0% royalty
• Revenues between $25,000 – $29,999: 2% royalty
• Revenues between $30,000 – $39,999: 4% royalty
• Revenues between $40,000 – $49,999: 6% royalty
• Revenues $50,000 and above: 8% royalty
Revenue: 500,000
Total Net Income: 200000 not including payroll and royalty.
This boba tea franchise is fairly small with only 3 stores so far.
Is this a good buy?