Is Famous Cupcakes for sale?

Just happened across this listing, which is the first I've heard about it. Last we heard, Famous Cupcakes had won its first round in its lawsuit with Sprinkles Cupcakes. Anyone know anything more?

Business Summary

North Hollywood Famous Cupcakes is for sale. Outstanding growth opportunity. This store without any advertising is selling $30,000 per month and growing. Due to numerous requests for franchise opportunities world wide, owners are working to create a franchise to take the business to new levels. You have the opportunity to buy a proven success location at pre-franchisee price. Famous Cupcakes are so delicious that truly one is never enough! The operation has had tremendous publicity all over the media, due to its phenomenal quality and gift arrangements. The cupcakes are presented in attractive bouquets and gift boxes for all sorts of oc casions and holidays, opening the door to the multi-billion dollar gift-giving industry. For more information, please visit www.SunbeltCa.com complete online Confidentiality form and contact Massoud Javadizadeh at (818) 342-5222 ext. 315.

Financials

Asking Price Range: $250K - $500K
Gross Revenues: $360,000
Cash Flow: $120,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $180,000
Seller Financing: No

About The Business

Year Established: 2008
Number of Employees: 6 - 9
Relocatable: No
Franchise: Yes
Current Real Estate: Leased
Property: Property For Lease

About The Sale

Management Training and Support: 2 weeks at 30 hours per week following close of escrow
Reason For Selling: Opening other stores

Comments

Ms Ashley said…
I wish I could get my hands on that much money! I'd love to run a cupcake shop!