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Ice Cream Shop

  • Status: Available
  • Price: $68,000

Arka Kargodorian

License No:
DRE #01472435
Email:
arka@lbaweb.com
Office:
925-932-2450
Mobile:
925-818-1679
  • Listing No: 3682
  • Status: Available
  • Area: 1250
  • Price: $68,000

Description

This is a 1,250 sq ft absentee-run (truly absentee-run) ice cream franchise/cafe with no royalty to be paid to the franchisor. You only buy the ice cream from them. There are 3 such stores in the bay area, and this one was established 20 years ago. It’s a very cute, bright, colorful, family-friendly store located on the main street of a community in Solano county that has a total of 2 ice cream stores. The present owner bought the business in march 2016 but has to sell due to family needs and a ft job that doesn’t allow much time to do anything else.The business runs via 6 pt/ft employees making $11.00/hr, with the manager making $13.75/hr for 32 hrs/wk, and a supervisor making $12.00/hr for the rest of the time. The owner only does the bookkeeping. The owner closed the store on Mondays last year from October to April which he now realizes was a mistake. The store is open m-f 10-9, sat 11-10, and Sunday 11-9.There is an existing point of sale system (pos) and cameras that ease the management duties. They serve baked goods (bought from bakery), quick bites, sandwiches, salads, coffee, juices, boba, and ice cream. About 80% of the sales are generated from ice cream. It’s open 7 days a week for a total of 89 hours/wk.About 21% of the customers travel more than 20 miles to come to this store, and 31% travel between 5 and 15 miles. The busiest days are Friday, Saturday, and Sunday. The average ticket price is $8.00 and they have a lot of returning customers. The store is very well liked as witnessed by the yelp and google reviews. Seller Claims: If the buyer works 10 hours per day and 5 days per week replacing the $13.75/hr manager, the adjusted net income will be about $44k for the year. Rent is $3,430.29/m.The seller is willing to train the buyer for 40 hours.

To get more information about this Ice Cream Franchise And Cafe business for sale in Solano County please phone Arka Kargodorian (Agent – BRE License #:01472435) at 925-818-1679 – if you get voicemail please leave a detailed message – make sure you mention you saw this posting/ad #251922 on BizBen.com. In addition to phoning Arka Kargodorian, make sure you email Arka Kargodorian above to get more info about this Ice Cream Franchise And Cafe, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

3682

Business Information

Ownership Type: Corporation
Year Established: 1999
Year Purchased: 2016
Business Type: Ice Cream Shop
License(s) Required: Business, Health
Hours of Operation: 100am-9.pm /7days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 3682
Date Available: 04/10/2019
Reason For Sale: Family issue.

Financial Information

Annual Total:
Revenue:
Annual Net Income:
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
3430/m
Lease Expires:
Lease Option:
NNN:

Financing Information

Down Payment:
$68,000
Owner Will Carry:
Other Finance:
Terms:

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