Property summary
This exceptional opportunity presents the acquisition of an established BoConcept franchise in New York City, NY. Located in a prime shopping center within the 10001 zip code, this retail space, built in 1952, is offered at $800,000. BoConcept, a globally recognized brand with over 300 locations in 60 countries and a 70-year history, offers a proven franchise model with high customer loyalty and repeat business, leading to strong cash flow generation. This franchise presents a low-investment, high-EBITDA opportunity with a significantly stronger return on investment than many comparable franchise concepts. The franchisor provides comprehensive support to its partners, ensuring a smooth transition and ongoing operational assistance. The franchisee will benefit from a well-established brand, a regularly updated product line of contemporary and modern furniture, and a refined franchise system honed over 30 years. Existing BoConcept stores are strategically located in high-end malls and upscale neighborhoods, reflecting the brand's commitment to premium locations. This franchise is ideal for multi-unit operators with the financial capacity to expand within a designated territory, contributing to the brand's ambitious growth strategy of at least doubling its US store presence in the next five years. The opportunity includes a turnkey system, minimizing start-up challenges and maximizing potential for rapid success.
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
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