Contact: Dean Hecker At 760-805-4400 Cell , 760-805-4400 Text - Also Email This Contact Below
Asking Price: $520,000 Down Payment: $150,000
Annual SDC: $137,000
Annual Gross: $795,000
Attributes: Broker-Broker Coop, Semi-Absentee Run, Lifestyle, Financial Assistance, Training & Support, Owner Financing, SBA Loan Pre-Qualified
Wow! This is your opportunity to own the second highest volume Baskin Robbins in Sunny San Diego County. Baskin Robbins is the #1 Ice Cream Franchise in the World! Stores like this rarely become available. The Owner has decided to focus on family and Real Estate business. Therefore, this has created an outstanding opportunity for you to own one of the best Baskin Robbins stores in San Diego County.
Asking Price is $520,000
TTMS Sales thru January 2021 - $804,000, Sales keep increasing!
2020 Sales of $795,000, 26% increase over 2019.
2019 Sales of $629,000
2018 Sales of $627,000
2017 Sales of $621,000
2020 Adjusted Cash flow - approximately $137,000
2019 Adjusted Cash flow - approximately $110,000
2018 Adjusted Cash flow - approximately $100,000
Franchise Term - 12/31/2035 15 years available!
Remodel due - 12/15/2025 5 years
Store opened in 1965, current Owner purchased in 2000 from Family, Owned by Family since 1965
Great location with lots of traffic, high visibility, corner location.
One of the Best Baskin Robbins leases in Southern California!
6.0% Percentage Rent Deal! Pay 6.0% of sales plus CAM's.
Lease - Term through 8/31/2030, approximately 9+ years left. Lease terms - Rent 6.0% of Sales + CAM
Monthly Rent is $2,204 plus CAM's/other, approximately $607/ month
Approximately $150,000 Cash down + SBA Loan for balance (depends on credit / experience) Lender already reviewed deal.. just need qualified Buyer!
Store size - 852 sq. ft.
Hours of operation - 10:00 am - 10:00 pm Sunday - Thursday, 10:00 am - 11:00 pm Fridays & Saturdays
Semi-Absentee Operation! Current Owner visits the store on a random basis. Owner does not scoop ice cream or service customers. Owner pays bills and handles some administration.
Owner chooses to over staff the store to allow her to focus on her other very successful business. The store has outstanding quick customer service. Employees handle the daily operations, opening & closing the store, plus scheduling, inventory, deposits, and more.
The employees service the customers and make the cakes. This store operates without a Full time Manager as it is not needed.
Total employees 14, Cake Decorator 1
Great Cake decorator, was hired in 2020, has over 6 years solid experience with Baskin Robbins and produces plenty of cakes to handle the volume.
Store has great success with Door Dash, Grub Hub, and Uber Eats for Delivery. Awarded the 2017 National Staff Team of the Year!
Consistently Great Results and No Current Local Advertising (Opportunity here)
New Franchisee could increase cash flow:
*Involvement in the operation (part time or full time)
*Being onsite and managing the operation.
*Reducing labor by handling more administration such as scheduling,
inventory, making deposits, hiring, and ordering product.
*Local store marketing and other sales building efforts.
Baskin Robbins Training - 3 weeks total training - (2 weeks class online + 1 week at a local store).
To get more information about this Baskin Robbins Franchise - High Volume, Cash Flow business for sale in
San Diego County please phone Dean Hecker at 760-805-4400 Cell and 760-805-4400 Text - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #266299 on BizBen.com. In addition to phoning
Dean Hecker, make sure you email Dean Hecker above to get more info about this
Baskin Robbins Franchise - High Volume, Cash Flow, to ask any questions or request an appointment to see this
business for sale. Thank you.