Selling Restaurants presents this Ice Cream and Frozen Yogurt Shop with a well known local name for over fourteen years. Selling Restaurants sold this store for several hundred thousand dollars less than two years ago. The buyer got very sick and was not able to keep the level of quality service and cleanliness demanded by the area. As a result sales suffered as well as the brand. The original owner has taken possession again and has already begun to rebuild the brand. So there is plenty of opportunity to continue the rebuilding process and build equity. You can pick up the business for a fraction of what it sold for, and the owner is available to help you with the strategy on rebuilding the business. This is a great example of buying for potential, but you are paying for current cash flow. This store was cash flowing well over $100,000 a year.
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This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000
Lease
Region:
Sacramento Restaurant For Sale
Lease Term:
ends May 1, 2011
Total Monthly Rent:
$4,030
Operations
# of Part-Time Employees:
10
Hours Open:
11-10pm 7 days week
Highlights
- Brand has been established for over 14 years in local area
- You can purchase for less than start up costs
- Owner will help you re build the business
- Brand is already established- just re build service level
- In fast growing part of Sacramanto county
- Great opportunity to buy in a greatly reduced pricing!
Financing
Will Seller Lend To Buyer:
No
Demographics
Population |
3-mi. |
5-mi |
2014 Total Population |
70,184 |
145,145 |
Households |
3-mi. |
5-mi |
2010 Number Of Households |
24,935 |
50,101 |
2010 Persons Per Household |
2.62 |
2.70 |
Median House Value |
$385,500 |
$376,613 |
Income Per Household |
$98,547 |
$96,068 |
Businesses |
3-mi. |
5-mi |
2009 Number Of Businesses |
1,911 |
3,439 |
2012 Number Of Employees |
61,904 |
91,934 |
2012 Total Annual Payroll |
$2,125,271,000 |
$2,869,832,000 |
click for more demographic info
Disclaimer
Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, 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 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.