Profile: Baskin Robbins Franchise With Rent At 2500 Per Month.
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Ad/Listing Information
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| Financial Information |
Detailed Information |
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| Asking Price: |
$170,000 |
| Down Payment: |
Call |
| Annual Revenue: |
$240,000 |
| Annual Adjusted Net: |
$60,000 |
| Price Range: |
$100,001 to $250,000 |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Yes |
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Description:
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This Is A Baskin Robbins Ice Cream In A Very Busy And Well Known Location In Contra Costa County. This Place Is 1000 Sq.Ft. With 14 Seating Inside And Some Outdoor Seating In Common Area. The Rent Is 2500 Per Month Plus 889 Nnn Which Includes Water, Garbage, Tax And Insurance. The Rent Will Increase At 50 A Year For The Next 5 Years Only. It Has 5 Years Lease Witih 5 Years Option. The Franchisor Has The Agreement Till 2020 And It Must Stay At Baskin Robbins. It Does Not Need To Be Remodeled Until 2012. New Owner Must Qualify With Baskin Robbins And Must Go To Training In Burbank For Period Of 5 Weeks At Buyers Cost. There Is A 5000 Transfer Fee Which Coild Be Negotiated Between Buyer And Seller. This Place Has Been Baskin Robbins Approximately Since 1988. It Is Open 7 Days A Week From 11am Till 9pm. The Seller Claims That Sells Are Around 20,000 To 25,000 Per Month With Annual Net Profit Of 60,000 Per Year. This Place Has Potential Of Sales Hitting 400,000 A Year. The Royalty Fee Is Almost 11% Per Month, Which Includes Advertising And Promotional. All The Equipments Are Paid For Except The Soft Ice Cream Machine And Blender, Which Could Be Assumed For Monthly Payments Or Be Negotiaged With The Seller. Seller Is Motivated To Sell Due To Illness In Family. Excellent Visibility From The Street.
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