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For Sale: Ice Cream Restaurant Franchise - Popular - , California

$124,500.00

Asking Price

  • Status: Active

  • Posting ID: 288101

  • 11/4/24

 Ice Cream Restaurant Franchise - Popular Business For Sale

Description

Absentee-Owner Popular Northern Californian Ice Cream Restaurant Franchise - SC2194

Financial Information
Asking Price: $124,500
Cash Flow: On request
Gross Revenue: $450,000
Down Payment: $124,500
 
This Northern Californian Ice Cream Restaurant Franchise is a California Sub-Chapter S Corporation that has been in existence for 31 years and under current ownership for the past 19 years. This location is part of almost 8,000 franchises across the globe with the Franchise being founded in 1945. This franchise is the world’s #1 chain of dessert and ice cream serving almost 1,500 flavors. This is an absentee owner business, and with the right attention by an owner could bring tremendous growth and profitability to the business. The franchise agreement currently extends to 2027.

Business Location
City: Northern California
State: California

Reason for Sale
The reason for selling is the Seller would like to pursue other interests.

Detailed information
Year Established: 1993
Home Based: No
Franchise: Yes
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 2
Part-Time Employees: 8
Contractors: N/A
Owner Worked Hours/w: 2
Adjusted EBITDA: On request
Inventory Included: Yes
Inventory Value: $12,000
Monthly Rent: $3,645
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 1330
FF&E Included?: Yes
FF&E Value: $30,000

Training/Support
The Seller is willing to train the new Owner for up to 2 weeks at 30 hours per week. Additional training from the Seller may be available at mutually agreed upon compensation from the Buyer to the Seller.

Market Outlook/Competition
The global ice cream market size was valued at $79 Billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.2% from 2022 to 2030. Factors such as the rising demand for innovative flavors, types, and the rising demand for impulse ice creams such as cones, sandwiches, and pops in developing countries are expected to drive the market growth.

CA 02100708
NV 1003039

To get more information about this Ice Cream Restaurant Franchise - Popular business for sale in please phone Adriana Sargent (Intermediary - BRE License #:02100708) at 408-981-7799 Call and 408-981-7799 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #288101 on BizBen.com. In addition to phoning Adriana Sargent, make sure you email Adriana Sargent above to get more info about this Ice Cream Restaurant Franchise - Popular, to ask any questions or request an appointment to see this business for sale. Thank you. License # 02100708. Sunbelt Business Brokers of Sacramento.

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Contact

  1. Name: Adriana Sargent
  2. phone iconPhone: 408-981-7799 Call
  3. phone iconPhone: 408-981-7799 Text

Details

  1. Asking Price: $124,500.00

  2. Down: $124,500.00

  3. Cash Flow: Call/Email

  4. Revenue:    $450,000.00

  1. Area:

  2. City: None Given

  1. Attributes:

    Broker CooperationAbsentee RunTraining & SupportExisting Franchise

My Notes About This Listing

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Related Links & Information Regarding This Posting

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