High Margin Ice Cream Business, Movie Theatre Location
About this business for saleHigh Margin Ice Cream Business, Movie Theatre Location
This profitable franchise ice cream business is located near a busy movie location in Union City/Fremont area. This is a new store built with brand new equipments in 2015. Owners have invested about $500K on construction, tenant improvements and signage. This ice cream franchise concept is very popular among kids and teenagers. The unique opportunity in the business is that it's a high margin business due to lower operating costs as most of the products are centrally prepared and distributed to the stores. Growing sales through catering and expanding hours could significantly improve the cash flow of the business.
This business is located close to a busy movie theater and with a great signage. Detailed books available for the stores so this business is eligible for SBA Loan. Favorable lease terms with low rent compared to similar sized retail locations in the same plaza as the owners invested significantly on construction.
Owners are semi-absentee with two locations. They also have rights for two more locations anywhere in Alameda county worth $60K. The rights for these location can be negotiated with the new offer if interested.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.