Newly Built Ice Cream Franchise, Great LocationListing: #SV00007
About this Business for sale in Alameda CountyNewly Built Ice Cream Franchise, Great Location
This profitable franchise ice cream business is located in a great location. This is a newly built store with new appliances . Owners have invested about $250K+ 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.
Sales are increasing in recent months. 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. They also have rights for two more locations anywhere within 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.