Profitable Ice Cream Franchise Next To The Beach!
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Listing No.: 106-15344
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Category: Franchise
| Asking Price | $140,000 |
| Down Payment | $140,000 |
| Gross Revenue | $387,444 |
| Total Adjusted Net Income | $87,857 |
| Equipment/Fixtures | $30,000 |
| Year Established | 1999 |
| General Location | Coastal North County San Diego |
Location, location, location! Don’t miss this unique opportunity to own a profitable turn-key quick serve ice cream franchise with experienced staff in place. Located two blocks from the ocean in the heart of one of the more popular North County San Diego beach communities. This popular ice cream concept sees hundreds of tourists daily during the busy summer season and has been recently upgraded with a new compressor and freezer floor. Original build-out and start-up costs in 1999 exceeded our current asking price. Business has been owned and operated for over 20 years by the original owners who have become more absentee in recent years. Favorable 5-year lease terms and landlord seems amenable to add additional options. Seller states that prices are about 10%-15% lower than other inland franchises, so there is room for price increases, especially since they serve an affluent tourist market that is not extremely price sensitive. The net income is reflective of the new owner replacing the current manager’s salary. Call Listing Agent Spencer Sigoda for more information 619-905-9552.
| Gross Revenue | $387,444 | Listed Price | $140,000 |
| Total Income | $87,857 | Down Payment | $140,000 |
| Base Rent | $4,050 | Square Feet | 2967 ft2 |
| Total Rent | $4,845 | Lease Description | |
| Rent Deposit | $ | Lease Options |
| Inventory | $ | Leashold Improvements | $ |
| Equipment/Fixtures | $30,000 | Other Assets |
| Full-Time Employees | 1 | Training Period | 2 Weeks |
| Part-Time Employees | 2 | Special License Required | |
| Contract Staff | Reason for Selling | Full Time Occupation |
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.