Business Overview
– Waffle brand headquartered in Izmir, with 23 franchise branches.
– We are selling the entire brand and its production facility (branches are not subject to sale).
– Dealerships are given with the franchise system.
– On an average, 150 waffles are sold daily by each outlet, there are also beverage group sales, but it varies. Average turnover per branch is approximately TRY 120,000 per month and average profit margin is 30% for franchisees. Approximate net income per branch is TRY 40,000 per month.
– A one-time franchise fee of TRY 50,000 is charged for new sales points. No fee is charged on turnover. A monthly marketing support of TRY 1000 per branch is received.
– It has high profitability and simple business model.
– We do not have a production capacity problem in terms of our existing branches. Under current conditions, we can produce ingredients for up to 100 branches without any problems.
– Our brand was awarded with the International Taste Award by ITI/Brussels in 2017 and 2020.
– Valuation is based on upcoming plans for export and end-user potential projects which will impact the revenue figures positively.
Products & Services Overview
We provide waffle powder, ready waffles, chocolate and café group products.
Assets Overview
Production plant, equipment, stocks and office equipment.
Facilities Overview
We have rented manufacturing plant of 1,200 square feet and office of 750 square feet.
Features:
- Established 5-10 year(s)
- Employees 5 - 10
- Legal Entity Private Limited Company
- Reported Sales TRY 1 - 2 million
- Run Rate Sales TRY 1.4 million
- EBITDA Margin 30 - 40 %
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