Business Summary:
This is an Estate sale occasioned by the untimely death of the owner. The business consists of four Moxie Javas; two located in Meridian, one in Fruitland and one in Ontario. Each of the locations has a drive-through. Each location is leased, with monthly rent varying from a low of $600 to $2,500 per month. These are licensed stores, not franchised. Therefore, no royalties are payable. The Ontario store includes a bakery which provides over 90% of the baked goods sold in all locations. Currently, the cost of the baked goods is not charged to the remaining three locations. Presently a manager, employed by the owner, is in place and responsible for the day to day operations in all four locations.
All four locations are turnkey. All assets are included. The franchise license will have to be transferred and there may be a cost assessed to the purchaser by the franchise. The purchase of these franchises entitle the new owner to all of the branded Moxie Java products. The sale includes all four locations. The Estate does not desire to sell to multiple purchasers.
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