Perfect AAA Location! This 1380 sq. ft store is located in one of Modesto's busiest areas. Hotel, Convention Center, City and County offices, and residential are close by as well as an 18 screen Movie Complex. The business has averaged over $145k in annual sales over the last three years.
For more than 50 years this Major Ice Cream and Candy concept has been an award-winning family favorite for ice cream and candy in the San Francisco Bay Area and now in the Central Valley. The Parent Company�s philosophy of no "franchise type" costs enables the company to attract business entrepreneurs who want to provide great locations to serve their ice cream and candy products. This company does not require any upfront franchise, license fee or any ongoing royalty fees to serve their products -only the requirement of operating a clean and fun store that enhances the premium ice cream and candies.
Base Rent is $2,337 plus CAM. Lease has 1.5 years remaining w/ two 5 yr options. Seller is very motivated to sell the business.
Don't miss this opportunity to get into a great business. Take the next step and complete the online confidentiality agreement and call us to obtain the restaurant name and address. Also you will given priority notification to new listings in the future, prior to the general public, giving you the best chance to "scoop in" the best opportunities. There are also more photos available to our registered buyers.
Agent Jim Schardt DRE License #01728371
Lease
Region:
Stockton Restaurants For Sale
Lease Term:
1.5 yr remaining + 2x 5yr options
Total Monthly Rent:
$2,337
Financials
Last Year's Annual Gross:
$124,271
Last Year's Food Cost %:
40.6
Operations
# of Part-Time Employees:
5
Hours Open:
Mon-Thu: 10:30 - 9:00
Fri-Sat: 10:30 - 10:00
Sun: 1:00 - 9:00
Facilities
Outside Sq. Ft.:
Unlimited
Highlights
- Perfect AAA Location!
- Award Winning Major Ice Cream & Candy Concept.
- Does not require any upfront franchise, license fee or any ongoing royalty fees to serve their products.
- Located in a very High Traffic Location with a Major Anchor.
- Located in One of the Most Desirable Communities in Around Modesto Area
- Many other Thriving Businesses Bring in Traffic to this Location.
- A Great Price Makes it Easy to Enter this Popular Ice Cream Concept.
Financing
Will Seller Lend To Buyer:
No
Demographics
Population |
1-mi. |
3-mi. |
5-mi |
2014 Total Population |
74,701 |
134,532 |
198,552 |
Households |
1-mi. |
3-mi. |
5-mi |
2010 Number Of Households |
21,189 |
42,128 |
65,523 |
2010 Persons Per Household |
3.34 |
3.05 |
2.92 |
Median House Value |
$114,288 |
$154,603 |
$155,940 |
Income Per Household |
$33,526 |
$44,224 |
$43,207 |
Businesses |
1-mi. |
3-mi. |
5-mi |
2009 Number Of Businesses |
1,529 |
2,260 |
3,643 |
2012 Number Of Employees |
43,624 |
60,550 |
105,484 |
2012 Total Annual Payroll |
$901,640,000 |
$1,252,563,000 |
$2,105,237,000 |
click for more demographic info
Disclaimer
DISCLAIMER: The User (that's you reading this) of this Website understands that Stone Path Brokerage Services, Inc. ("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 addition to seeking professional advice from an attorney as well as a CPA. 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 (if included in the sale), 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. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings. Any decision by User to purchase the Business shall be based solely on User's own investigation and the 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 and User should often review the listing on the website to keep up to date.