Listing Name:
Ice Cream Franchise/in Contract

 

RestX#: 

89000
     
  Location:  Retail Center
 Fairfield, California
   
Offered at:
 
 $99,000
   



 Listing Description
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. Call916-482-7979. Franchise: Term through March, 20256. 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.


General Information
   Contact Information
Organization:   Sole Proprietorship
Year Established:   2006
Current Owner:   2006
# of Employees:   Contact For Info
Seating:   20 inside + patio 6-8
Square Foot/Size:   1150
Parking:   Parking Lot
Lic. Required:   Contact For Info
Days Open/Hours:   Open daily 11:00 am-10:00 pm
Reason For Sale:   Family, Outside Job.
 
 
Name:  Tricia Bernhardt
 Restaurant Exchange
Phone:  916-482-7979   
Fax:  916-482-7799
Email:  Tricia@RestX.biz
Website:  www.RestX.com

 

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Financial Information
 
Revenue:   $305,000 / year
Cash Flow:   $45,000 / year
Current  Inventory:   $5-7000 in addition to
Payroll:   Contact For Info

Lease Information
Lease Rent:   $3,269 / month
Lease Expiration:   March 2016
Yearly Adjustment:   Not Available
Lease Option:   2 five year options
Security Deposit:   Not Available

 
Financing Information
Down Payment:   Contact For Info
All Cash:   89,000
Note Balance:   Contact For Info
Rate/Term of Note:   Contact For Info