Description About This Posting: Ice Cream Brand - Multiple Locations
The company, a southern California based company, has reinvented ice cream with it's innovative techniques and modern technology. The product wows it's customers through creating a flavorful dessert sensation.
It is most famously known for inventing as unique waffle cone which offers customers a unique taste experience. Made from a proprietary recipe consisting of sweet, egg-based batter, the product puffs up when cooled, forming little pockets that makes the cones social media worthy.
Customers are entertained with a liquid nitrogen 'fog show' which provides a source of amazement and wonderment for it's faithful customers. By using liquid nitrogen, the brand is able to create their handmade ice cream, which is consistently creamy and full of flavor.
An immediate social media and internet sensation, the brand continues to wow their customer by introducing new and innovative flavors each month.
The brand was chosen as national restaurant news breakout brand of the year and qsr brand to watch under 30 finalist. It has also garnered over 55 million views from videos alone on facebook, not including youtube or instagram. Combined views approximately 70M+ views.
Franchised units sold: 28
Fdd registered areas:
Usa all exempt states, california, florida, texas
International middle east,
Europe (except france, russia, italy, belgium, lithuania, romania, spain, and sweden)
Franchise fee: $40,000
Minimum development: 3 units
Royalties: 6% of weekly gross sales
Worldwide creative fund: 2% of weekly gross sales
Local store marketing: 1%
Segment: fast casual/qsr
Sub segment: ice cream
Footprint: 1,200 square feet
Current units sold and locations
There are 11 franchised stores currently open, plus 3 corporate owned stores. By the end of 2019, we are on track to have 16 franchised stores opened, with a total of 28 to be opened within 2 years. (assuming no other licenses are sold).
Projected income from royalties
28 unit royalty stream: $840K
2 corporate stores: $331K
Total projected yearly revenue: $1.17M combined
Note: franchise fee of $40K/unit not included in revenue calculations which is additional revenue for franchisor.
Current royalty stream is approximately $45K/month not including the corporate stores which net about $20K/month for a combined income of $65K/month, $780K/yr.
Sales are strong in the winter, and summertime sales are typically 60% higher than winter sales. Most stores have not gone through a full summer as of spring 2019.
The brand is marketed exclusively through a well- known franchising company in the industry. It also has an international platform including europe and the middle east which enables the company to sell additional franchises globally.
Management and personnel staffing
There are currently 5 members in the corporate team, including 2 founding members. All member are crossed trained and capable of working in various areas of the business.
The company was structured with systems to be franchisor/franchisee friendly since the beginning. New operator will be trained on how to handle the in-store operations and overall logistics.
The system is setup with vendors and distributors for all of the supplies and equipment. New operator will only need to learn how everything operates, with the entire transition taking 2-3 months.
Since it is not a full service restaurant, the operations are streamlined and consolidated to only a handful of vendors so the transition will be mainly focused on the flow of the operation. The corporate stores run themselves.
Prospective franchisees must have:
$1 million net worth
$500K liquid capital available to investment
Readiness to develop a minimum of 3 or more units
Please note: Due to the potential damage to the business, the owner requires the agent to pre-screen potential Buyers prior to releasing identifying information and will release information only to Buyers who are both financially qualified and have sufficient prior experience. Proof of funds required.
To get more information about this Ice Cream Brand - Multiple Locations business for sale in
Orange County please phone Jerry Diza (Intermediary, Broker - BRE License #:01113651) at 949-424-6065 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #253933 on BizBen.com. In addition to phoning
Jerry Diza, make sure you email Jerry Diza above to get more info about this
Ice Cream Brand - Multiple Locations, to ask any questions or request an appointment to see this
business for sale, franchise, or opportunity. Thank you.
Related Links And Information Regarding This Posting
For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.
New Century Escrow, Inc. is a fully licensed & bonded independent escrow company. Over 20 years combined experience in handling bulk escrow transactions. Multi-lingual staff that speaks your language, including Korean, Chinese, Vietnamese. Call Helen Yoo direct at 626-890-1151.
Willard Michlin, CPA #106752, offers buyers step by step training & assistance in doing Due Diligence Services when they are thinking of making an offer, or are in process of investigating a business purchase. He helps to determine the actual net profit even when there is cash. Call 805-428-2063.
California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.
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