Ice Cream Franchise For Sale - Vallejo, California
Ad/Listing Information
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| Status: |
Off The Market |
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| Location: |
Vallejo |
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| County: |
Solano |
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| City: |
Vallejo |
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| Financial Information |
Detailed Information |
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| Price: |
$225,000 |
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| Down: |
$100,000 |
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| Revenue: |
$380,000 |
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| Adj. Net: |
$70,000 |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Real Estate Included: |
No |
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| Bkr To Bkr Coop: |
No |
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| Franchise: |
Yes |
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| For Sale By Owner: |
No |
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| Asset Sale: |
No |
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| Lifestyle: |
No |
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Description Of This Vallejo Ice Cream Franchise Business For Sale:
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This 1050 sq. ft ice cream franchise located by the cinema and upscale shopping does about 380k in annual revenues for a semi-absentee owner. The rent is about 3800/mo. The store currently employees 14 workers with an annual payroll of about 100k. The sale price is based on 2010 P&L and those happen to be the worst for the last 3 years. The sales this year are better than last year and buyer stands to reap those benefits. In addition to the purchase price, buyer must pay 7,500 as franchise transfer fee, any loan fee if SBA is involved, inventory cost of about 4k and attend 2 weeks of training. Buyer must also have an additional 60k in bank account for working capital. Please call broker for details.
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Ice Cream Franchise Business Opportunity For Sale, Vallejo, California, CA | BizBen
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