SB560 #1 Ice-Cream Franchise

Russ and Pat Lee

I wanted to thank not only Joan for helping me find the best business but also her assistant Patrick. They work as a team, and when Joan’s tied up, Patrick always had answers for me. It’s like having two people working to help you find a business. We appreciate it! Thanks for not letting us get into the food business in Santa Cruz. more...

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Listing Information

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Baskin Robbins on the Peninsula
Listing ID: SB560	Location: Peninsula-San Francisco Bay Area, California
Broker:	Joan Young Ph:(408) 436-1900
Brief: #1 Ice-Cream Franchise for sale, 31 years in business, with loyal employees & positive cash flow

Listed Price:

$205,000

Total Sales:

$372,252/yr

Seller's Discretionary Earnings:

$52,278/yr

Fixtures Furniture, & Equipment:

Included

Real Estate:

N/A

Inventory:

Included

Business Information

Year Established:

2001 (with current owner)

Number of Employees:

9 part-time

Days and Hours of Operation:

M-Sun 11:00a.m.-10:00p.m.

Relocatable:

Franchise Information:

Acquisition of the entire Franchisor

Facilities / Location:

1040 sq. ft.

Lease Information

Lease Expiration Date:

October, 2011

Option:

+5 years

Monthly Rent:

$2,874.19

Additional Information

Reason for Selling:

Owner's children are now in school and therefore has decided to go back into their prior profession in the legal industry.

Business Description:

Now you can be part of one of the largest and best-known franchise operations in the world. This peninsula location has been opened for over 31 years with only 2 owners during that time.

The current owner is semi-absentee and works behind the scenes 10-15 hours per week handling the books and ordering products. We are assuming that the owner will remain part time and current staffing is sufficient to operate the business. The owner has excellent employees who have been with the store for years. They have taken “ownership” and pride in their store, and can be trusted to show up on time, and provide the utmost customer service for their patrons.

The store has been totally remodeled, according to the franchise agreement, with high-end products above and beyond what was required. The Seller will make sure there is a smooth transition.

The store is surrounded by many schools (ten) and there is much upside potential doing fund raisers to increase revenue.