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High Volume Hersheys Shake Shop Express Providence, RI - Providence Place Food Court!

Providence, Rhode Island
High Volume Hersheys Shake Shop Express Providence, RI - Providence Place Food Court!
Asking Price:$1,200,000
Gross Sales: $1,273,307
Cash Flow: $494,501
Monthly Rent: $10,500
Value Of FF&E: Included in Asking Price
Real Estate: Leased
Year Established: 2017
Status: For Sale

Contact Details

Contact Name: Tami Hillier

Contact Email: sales@eatz-associates.com

Contact Phone: 503-319-4626

Contact Fax: 877-481-6028

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Business Description

Offering delicious Hershey's ice cream, sundaes and milk shakes along with refreshing lemonades, fruit smoothies, power blends, green blends, frozen coffee and chocolate drinks. As well as, angus beef burgers, tasty quesadillas, premium wraps, garden fresh salads, chicken sandwiches and more. Plus sides.

Simple operation - counter service. Food court seating.

A franchise, but no royalty, advertising or transfer fees!

Feel free to stop by the location as a customer first. This is a highly confidentially listing, please do not discuss with employees or patrons. If interested, contact EatZ for more information. Showings by appointment only.

 

Detailed Information

County: Providence

Location: Prime retail space in the food court of Providence Place, a 1,400,000 sqft shopping mall anchored by Macy's and Boscov's (Fall 2019) along with more than 140 quality retailers, plus a Dave & Buster's and IMAX/16-screen movie theater. Other popular eating & drinking establishments in the food court include Fuji Chen, Little Tokyo, Popeye's, Ruby Thai, Dunkin Donuts, Honeyfish Poke, Charley's Philly Steaks, Villa Pizza, Taco Bell, Fuji Cajun and Johnny Rockets. Rhode Island's ultimate shopping, dining and entertainment destination. The best mall in Providence. The largest shopping mall in RI!

Facilities: Leased space $10,500/mth. Current lease expires Dec 2022. Square Feet: 1,000. Seating: Food Court . Days/Hrs of Operation: Mall Hours = Mo-Sa 10a-9p & Su 11a-6p.

Competition: Hershey's makes all of their ice cream from fresh, wholesome ingredients. Fresh cream and fresh condensed milk is delivered to their plant on a daily basis. To ensure superior quality, uses pure vanilla extract, the highest quality of cocoa available, fruit flavors made from hand-picked, fresh-frozen fruits and high grades of almonds, pecans & walnuts roasted in their own plant to guarantee freshness and quality! For over 100 years, Hershey's has strived to guarantee quality products, provide excellent service, establish competitive prices and provide a true value to the customer.

Growth and Expansion: The Hershey Creamery Company was founded in 1894 by Jacob Hershey and his four brothers. From convenience stores to parlors, pre-packaged to hand dipped, Hershey's Ice Cream makes a wide range of products that are available in more than 18,000 stores located in 28 states.

Support/Training: 10 days.

Number of Employees: 2 Full & 6 Part-Time

Seller Financing: No

Reasons For Selling: Other interests.

Gross Sales: $1,273,307

Value Of FF&E: Included in Asking Price

 

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