The “Go-To” Family Shopping, Dining & Community Destination In The Chicago Southwest Suburbs
Orland Park, IL
Asking Price: $59,000
Gross Sales: $(Asset Sale)
Net Operating Income: $(Asset Sale)
Monthly Rent: $5,381
Lease Expiration: 12/2021
Options: (Contact For)
Year Established: 2010
Owner Operated: No
Seller Financing: No
Food Type: Bakery/Cupcakes/Cakes, Cookies, Smoothies
Service Type: Fast Food
Business Type: Franchise
Sale Type: Asset Sale

Description:

Serving freshly baked cookies, brownies, specialty baked items right out of the oven, plus creamy & delicious smoothies/chillers, frozen lemonades, milkshakes and other refreshing beverages. Also, their popular cookie cupcakes & cookie cakes, decorated for birthdays, holidays and all special occasions. The perfect treats anytime and they make terrific gifts too.

Simple operation - counter service. Well-established over 11 years, however, currently absentee run - lots more potential with some promotion within the mall.

Asset sale - limited financials.

Feel free to stop by the location as a customer first. This is a highly confidential listing, please DO NOT talk to any of the employees or patrons. If interested, contact EatZ for more information. Showings by appointment only.

Business Website: https://mrsfields.com
County: Cook
Location:

Prime retail space in Orland Square Mall, the largest mall in the Chicago Southland, the south and southwest suburbs of Chicago, covering an area of 1,230,171 sqft.

Anchored by JCPenny, Macy’s and Von Maur, plus 150 shops of the latest in fashion, jewelry, cosmetics and more. Includes top name brands such as Apple, H&M, Coach, Pandora, Dry Goods, Bath & Body Works, LUSH, MAC, Sephora, Pottery Barn and Williams Sonoma among others. Plus, an interactive play area, Lego Store, Dave & Busters and PACMAN Entertainment Zone. Also expected in 2022, an AMC 10 Theater, 24/7 Fitness Center, as well as several exciting new retailers and restaurants.

The “go-to” family shopping, dining and community destination in the Chicago southwest suburbs. The mall has been a hub for commercial activity and development, driving dramatic growth in the surrounding area for the past 20 years. Perfectly situated in beautiful Orland Park, it serves as a major retail destination for the communities of Orland Park, Frankfort, Homer Glen, Mokena, New Lenox, Oak Forest, Orland Hills and Tinley Park.

Real Estate: Leased
Facilities:

Leased space $5,381/mth gross. Current lease expires in Dec 2021. Square Feet: 656. Seating: Mall Seating. Days/Hrs of Operation: Mo-Sa 11a-7p & Su 12n-6p. Owners Role: Absentee owner.

Number of Employees: 5-6 Part-Time
Support/Training: Two weeks of in-dept training, one week at store and one week at the company’s Famous Brands University (FBU) in Salt Lake City, UT. As well as ongoing assistance with operations & marketing.
Value of FF&E: Included In Asking Price
Value of Inventory: $3,000 (Not Included In Asking Price)
Competition:

Famous name and brand. Famous for their custom decoration, hand-frosting and the finest high-quality natural ingredients. Proprietary Mrs. Fields cookies are still made daily in store and are true to the original recipe created by Debbi Fields herself (a recipe that has never been made available to the general public). The world’s premier cookie store - one of the largest retailers of freshly baked, on-premise specialty cookies and brownies in the US.

Very popular with the mall crowd - their stylish, contemporary design and showcase of sweet indulgences compels consumers to stop for their delectable treats. Gives shoppers a delicious cookie break. Also the perfect place to grab a sweet gift. And their cookie cakes are a huge hit!

Growth and Expansion:

A legacy brand. An established premium cookie franchise. A proven franchise concept. First store opened in 1977 and began franchising in 1990. Currently over 200 locations domestically and around the world. With 44 years of brand success and over 31 years of franchising experience, Mrs. Fields has become one of the most beloved and popular brands in America. And is still the worldwide leader in the specialty baked-goods segment. Supplies dessert lovers all over the world with high-quality cookies and treats!

The average American consumes 19,000 cookies in a lifetime. And 81% of Americans have heard of Mrs. Fields. Fresh, homemade, baked and good are top-of-mind when asked about Mrs. Fields (in addition to chocolate chip cookies of course!) It’s the most frequently visited baked goods specialty shop!

Seller Financing Available: No
Reason For Selling: Owns another business.