Growing Franchise Ice Cream & Yogurt Biz
Location California,United States
Asking Price Range < $250K
Gross Revenues $244000
Net Profit / Cash Flow $43000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2003
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Seller will train
Reason for Sale Family reasons
Description National Franchise Ice Cream, Smoothie and Frozen Yogurt store at a major neighborhood shopping strip anchored by Albertson's,Rite Aid, etc. This store has been in the same location for over 10 years and has weathered through the recession. Sales have increased in 2012 and is continuing to show growth in sales in 2013.
Beautiful corner location with good street visibility. High income neighborhood. Close to schools and wealthy households.
The owner only spends about 3-4 hours at the store each week. This is a help-run store with reliable employees.
Has inside seating and outside/patio seating.
Asset includes walk-in refrigerator, walk-in freezer, ice cream maker, blast freezer, etc. A new store with all these build-out and equipments will cost an owner $200,000. But this business is priced to sell immediately for only $74,000! Owner has personal issues and needs to sell soon.
May qualify for the E2 (US Investor) visa program.
Asking price does not include franchise transfer fees. Franchise fees to be paid directly to franchisor.
Seller motivated and will look at all reasonable offers.
To get more information, contact Mina Singson now at 310-882-2200 x 125 or email.
Click Here To Contact Seller
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