$299,000
1015 S BROADWAY - STE 12 Minot, ND 58701
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$299,000
Est. payment /mo
UPDATED:
09/30/2024 06:19 PM
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 241339
Year Built 1962
Property Description
Located within the Town and Country Center along South Broadway in Minot, ND, the franchise owner of Once Upon a Child offers an incredible opportunity. A successful business that is fully operational, Once Upon a Child includes all its inventory and point of sale system. The business is well-established in the community and has an excellent financial record. The upfront costs, like fitting up the lease space, establishing a reputation, and start-up costs, are a thing of the past. Once Upon a Child has been established and fully operational since March of 2022, and the current franchise agreement will be in effect until 2032 (The potential Franchisee may need to verify if the agreement will be the same for the new owner). The business is turn-key ready for the qualified buyer. For the future Franchisee, this situation is ideal. Leasing the currently used storage lockers is possible, and within the same mall, the future tenant would need to negotiate with the Landlord. If you want to own the franchise business, the parent company must approve you; you must be able to finance it. The new business owner, the landlord, and vendors/providers must negotiate lease terms and existing contracts, as they may not necessarily convey to the next business owner. The current owner has shared that health conditions are the primary reason for selling. Access to the financials will require a signed non-disclosure agreement. Approximately $100,000 in inventory is included in the sale.
Location
State ND
County Ward
Area Sw
Building/Complex Name T & C Center
Zoning C2
Interior
Interior Features Public Restrooms
Heating Forced Air, Natural Gas
Cooling Central
Heat Source Forced Air, Natural Gas
Building
Lot Size Range 10.1-20
Sewer City
Water City
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Listed by Preferred Partners Real Estate
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DelRae Zimmerman
Broker Associate | License ID: 7065
Broker Associate License ID: 7065