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For Sale: Baskin Robbins Ice Cream Franchise - Semi Absentee - San Diego County, California

$154,900.00

Asking Price

San Diego County Baskin Robbins Ice Cream Franchise - Semi Absentee Business For Sale
Baskin Robbins Ice Cream Franchise - Semi Absentee Company For Sale
San Diego County Baskin Robbins Ice Cream Franchise - Semi Absentee Companies For Sale
Buy, Sell A Baskin Robbins Ice Cream Franchise - Semi Absentee Business

Description

This is your opportunity to own a Baskin Robbins ice cream store in Sunny San Diego County. The asking price is $154,900, ADJ CF $50K, lease ends July 2037, franchise terms goes until July 2037. It opened in July 2017. There will be potential seller financing up to $50K for a qualified buyer with real estate collateral.  

Baskin Robbins is the #1 ice cream franchise in the World. The owner has decided to downsize his Baskin Robbins organization due to other professional commitments. He will continue as a Baskin Robbins Franchisee with multiple stores. Therefore, this is an excellent opportunity for you to become a Baskin Robbins Franchisee and generate cash for yourself.

  • 2023 – Sales of $379,850
  • 2022 Sales of $392,000
  • 2021 Sales of $376,000 
  • Adjusted Cash Flow - 2023 YE- $49,797
  • Adjusted Cash Flow - 2022 YE - $48,000
  • Franchise Term until July 12, 2037
  • Remodel due - July 12, 2027
  • Lease Term: Ends July 12, 2037 (sub-lease)
  • Rent: $4,018.22 + CAMs insurance and RE taxes of $1,641.25 / month for a total of $5,659.47
  • 1,000 sq ft.
  • Hours of operation: 11am-10pm daily
  • Total employees: 6, plus 1 cake decorator

The store opened in July 2017. The current owner purchased the store in January 2019.   

The store is in located in a shopping center with many retail stores and restaurants. It is a great location facing a main avenue. 

The current owner oversees the store and handles administration. He does not scoop ice cream or service customers on a day-to-day basis. The owner visits the store around 3 times / week to make bank deposits, check out the store, and handle administration (typically 1-2 hours per visit)

The employees service the customers and make the cakes. No need for a full time manager. The cake decorator has been employed for 1.75 years, works 2-3 days / week. 

This is a great opportunity to increase sales & cash flow through local store marketing and advertising. This is also an opportunity to manage operations, reduce costs, and increase cash flow.

Baskin Robbins Training - 3 weeks combined online training (5 days) and in-store training (10 days – typically driving distance to training store).  Training of 15 days is spread out over a period of 30 days.

Price does not include inventory, deposits, Franchise Transfer Fee - $7,500, Franchise Grand Re-Opening Marketing Fee $3,500, working capital reserves 

Financing Option:  Seller may consider short-term Financing up to $50,000 to Qualified Buyer with real estate assets to be secured.

To get more information about this Baskin Robbins Ice Cream Franchise - Semi Absentee business for sale in San Diego County please phone Dean Hecker - BRE License #:# 01867838 at 760-805-4400 and -- - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #284866 on BizBen.com. In addition to phoning Dean Hecker, make sure you email Dean Hecker above to get more info about this Baskin Robbins Ice Cream Franchise - Semi Absentee, to ask any questions or request an appointment to see this business for sale. Thank you.

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Contact

  1. Name: Dean Hecker
  2. phone iconPhone: 760-805-4400
  3. phone iconPhone: --

Details

  1. Asking Price: $154,900.00

  2. Down: $154,900.00

  3. Cash Flow: $50,000.00

  4. Revenue:    $380,000.00

  1. Area: San Diego County

  2. City: None Given

  1. Attributes:

    Broker CooperationSemi-Absentee RunExisting Franchise

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