Profile: Absentee Run. Long Established Recently Remodeled Baskin Robbins. Low Rent.
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Ad/Listing Information
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Contact Information |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$189,000 |
| Down Payment: |
Call/Email |
| Annual Revenue: |
$367,870 |
| Annual Adjusted Net: |
$48,000 |
| Price Range: |
$100,001 to $250,000 |
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| Franchise: |
Yes |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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Here Is A Chance To Step Into A Business With 30 Years Of Successful History, That Is In Effect “Brand New”, Having Just Been Remodeled At A Cost Of 75,000 In November 2007. This Baskin Robbins Franchise Opened In This Location In 1977 And Has Been Under The Same Ownership Since 1979. The Owner Is Ready To Retire And Has Just Completed A Remodel In Order To Provide An Attractive Investment And Smooth Transition To The Next Owner. In Addition To The Franchise Required Modifications, The Store Has New Eqipment Including The Cake Display Freezer, Flash Freezer, Dipping Cabinets, Soft Serve Machine, And Pos System. The Franchise Has Just Introduced A Soft-Serve Product Line To Capture This Substantial Segment Of The Ice Cream Market. Baskin Robbins Is Currently The Only Brand Offering Both Hard Scoop And Soft Serve Ice Cream. Even Without The National Advertising The New Product Line Represents About 8-10% Of Sales. Profitable Ice Cream Cakes Make-Up About 25% Of Revenues And Help To Offset The Typically Seasonal Ice Cream Business.
Approx 1000 SF
Lease: 2148. Expires 2012.
Inventory: 8,000 To 12,000
Seating: Dining Room Seats Approx. 8, Bench Seat Outside Seats 4
Equipment: Walk-In Freezer/ Two Dipping Cabinets, Soft Serve Machine
Franchise Term Through December 2012. Royalty 5.9% Of Sales. Marketing Fee 5%. Buyer To Be Approved By Baskin Robbins And Complete 4-6 Weeks Training In Southern California. Buyer To Pay Transfer Fee 7,500.
Note: Nothing Leased Or Excluded. Chase Credit Card Processing. Phone & Dsl Approx. 139
Per Month.
Contact Restaurant Exchange For More Information
916-482-7979.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Tricia Bernhardt, Broker at 916-482-7979 Non Disclosure Agreement |
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