Profile: Ice Cream Franchise. Rent Reduction. Priced Right.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Tricia Bernhardt, Broker
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| Primary Phone: |
916-482-7979 |
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| Alternate Phone: |
None Given |
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| DRE Number: |
01168790 |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
9/23/09 |
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| Date Last Revised: |
9/23/09 |
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| BizBen Ad #: |
116429 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$99,000 |
| Down Payment: |
$99,000 |
| Annual Revenue: |
$313,000 |
| Annual Adjusted Net: |
$45,000 |
| Price Range: |
$0 to $100,000 |
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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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This Ice Cream Franchise Is Located In A Busy Retail Center In Fairfield. It Was Built In March 2006 At A Cost Of Approx. 305K. The Sellers Own Four Ice Cream Franchises And Have Decided To Sell This Store First. This Ice Cream Franchise Will Be The Only Brand Offering Both Hard Scoop And Soft Serve Ice Cream. The New Equipment Needed To Add The Soft Serve Products Is Included In The Sale. This Franchise Has Consistently Strong Sales And Profit But The Current Owner Is Mostly Absentee, Dividing Time Between Other Owned Franchises, Family Responsibilities And This Location. For Almost 60 Years, This Franchise Has Been Creating Irresistible Treats In More Than 31 Flavors To Make You Smile And Feel Good. This Franchise Opportunity Offers Rewarding Potential. Franchise: Term Through March, 2025. Royalty 5.9% Of Sales. Marketing Fee 5%. Buyer To Be Approved By Franchise, And Complete Training, Mostly In Southern California. Buyer To Pay Transfer Fee 5,000.
Occupies: Approx. 1150 SF - The Lanlord Has Agreed To Lower The Rent From 2.35 SF To 1.75 SF This Is And Incredible Rent Reduction By Approx. 864. Per Month. The Landlord Will Reconsider This Amount Annually. Term Through March 2016 + 2 Five-Year Options.
Equipment:includes Surveilance System, No Cost To Monitor. Brand New Soft Serve Machine.
Operations
Hours: Sunday-Monday 11:00 AM - 10:00 Pm,
Staffing: Absentee Owner Does General Oversight
And Inventory Only.
1 Manager 30 + Hrs/Week, Approx 5 P/T Employees Can Make Cakes.
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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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