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#3871
San Diego Restaurants For Sale

Profitable San Diego central Baskin Robbins Franchise For Sale - Low Rent - Long History

$135,999
Profitable San Diego central Baskin Robbins Franchise For Sale - Low Rent - Long History
This Listing is Expired

ICE CREAM IS BACK!  FROZEN YOGURT IS DYING!  STEAL THIS AT A LOW PRICE BEFORE PROFITS AND PRICES GO UP!

The frozen yogurt business nearly killed the ice cream business with many ice shops closing their doors, but people always come back to their roots!  The good news is this franchise has sustained itself as a neighborhood favorite and the people are coming back to ice cream, the real thing! And Baskin Robbins has some of the best!

Here is an excellent opportunity to buy into a franchised system that works!

This is a nationally recognized ice cream chain location with everything going for it.

With a great location, good bottom line and being profitable with the currently absentee owner run set up leaves tremendous upside for a new owner willing to put in some hours on the operations side.

Sales have been climbing steadily for each of the last three years.

Even better is three years of increasing bottom line profits.

2012 pnl showed bottom line profit of $52,665 and that was with no owner contribution to labor.

Average profit for the last three years is $45,638 all with no owner contribution to labor.

Get in and work some shifts and this will be a 70-75k  bottom line location.

If you are people person and are ready to work, this is a perfect opportunity for you. The franchisor and current owners have  a great set of systems in place making this an easy and turnkey operation ready to transition in a new owner..

The location has tremendous support and efficiencies in place. Go in and replace employee labor with ownership labor and the rewards will be huge.

This shop is located in the only major shopping center of a city with great demographics. Anchored by a large grocery chain with many other great draws to the center including Starbucks and McDonalds.

The traffic is constant and makes for easy opportunity to keep and build sales from.

Several schools and churches are walking distance and are largely untapped markets just waiting to be marketing to for this hugely popular product.

Rent for the space is very reasonable at only $ 3300 per month and includes NNN, water and sewer. Current term expires in September of 2015 with a five year renewal term available. Space has been occupied by this same franchise for over 20 years, it’s not going anywhere.

The current owners have spent the last eight years building this shop up to where it is today. They would love for someone with the same passion as themselves to take over. They are ready to set you up and impart their experiences and knowledge to you.

Now is the time to get into this profitable and turnkey operation. Dont miss this outstanding opportunity to get in now and reap the benefits of the upcoming summer season and really start your new business of with a bang.       

Listing brought to you by Stone Path Brokerage Services dba Selling restaurants-San Diego.

Please go to SellingRestaurants dot com to get the name and location of this business

This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
San Diego Restaurants For Sale
Lease Term:
Expires August 2015 with renewal available
Total Monthly Rent:
$3,300

Financials

Last Year's Annual Gross:
$248,042
Last Year's Owner's Cash Flow:
$52,665
Last Year's Food Cost %:
24.4
Last Year's Payroll Cost %:
21.3
Last Year's Rent %:
15.2
EBITDA:
$52,665

Operations

# of Part-Time Employees:
7
Hours Open:
Daily
11-7
Year Established:
1993

Facilities

Indoor Seating:
12
Inside Sq. Ft.:
1,200

Highlights

  • Profitable!
  • Cheap rent
  • Natioanlly recognized franchise
  • located in very busy center
  • Nice decorations and fun atmosphere
  • There are 31 flavors!

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 31,513 87,856 307,924
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 11,038 32,048 123,323
2010 Persons Per Household 2.76 2.57 2.39
Median House Value $519,100 $458,901 $400,202
Income Per Household $80,463 $77,812 $60,527
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 306 3,023 10,250
2012 Number Of Employees 4,362 197,484 427,728
2012 Total Annual Payroll $83,105,000 $4,294,967,295 $4,294,967,295

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User. DRE License # 01339409.

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