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#1272
Washington Central

Blimpies & Baskin Robbins with Drive-Thru or Convert

$95,000
Sold
Blimpies & Baskin Robbins with Drive-Thru or Convert
This Listing is Sold
Selling Restaurants presents this large double franchise drive thru restaurant business that grossed about $315,000 last year. It is located on a main arterial and directly across from a large grocery store and shopping center. The restaurant is newly renovated and includes a walk in cooler, walk in freezer, bread ovens, hood, drive thru communication system, and drive thru menu system. The valuable top of the line furniture, fixtures, and equipment are included in the asking price! Everything is in excellent shape and looks brand new. Each franchise business compliments the other. One franchise serves fast food sandwiches and the other serves desserts. The asking price includes the franchise rights to operate both franchise businesses but a new owner also has the option to change things entirely and go with one or two new concepts. The location, size, capabilities, and franchise options make this a rare and valuable turn key drive thru business. This is an Add Value Alliance, Inc. Listing.This is a Larry Braden listing.
Broker Larry Braden DRE License #Wash - 8619 Cal. 01492583 Cal. R.E. DRE # 01492583

Lease

Region:
Washington Central
Lease Term:
Expires July 2013 + Two 5 yr Options
Total Monthly Rent:
$2,633
Security Deposit:
$1,000

Financials

Last Year's Annual Gross:
$315,000

Operations

# of Full-Time Employees:
2
# of Part-Time Employees:
6
Hours Open:
Sunday 11AM to 8PM. Monday through Thursday
10AM to 9PM. Fiday 10AM to 10 PM. Saturday 10AM to 9 PM.
Year Established:
1998
Hood System Type 1:
Yes

Facilities

Indoor Seating:
32
Outdoor Seating:
4
# of Parking Spots:
8
Inside Sq. Ft.:
1,620

Highlights

  • 2 Franchise Businesses for Sale!
  • Large Drive Thru Restaurant Facility
  • Highly Visible Signage
  • Average Start Up Cost for New Dessert Franchise $145,700-$527,800 According to TheFranchiseMall.com
  • Across the Street from Large Grocery Store
  • Located in Busy Retail Shopping Center
  • Turn Key Franchise Business Concepts
  • Plenty of Parking
  • Furniture. Fixtures. & Equipment Included in the Sale
  • Average Start UP Cost for a New Sub Franchise $131,200-$287,800 According to the Wold Franchising Network
  • Well Suited for Many Different Drive Thru Restaurant Concepts
  • Looks Brand New!

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 5-mi
2014 Total Population 30,308
Households 5-mi
2010 Number Of Households 10,565
2010 Persons Per Household 2.71
Median House Value $220,100
Income Per Household $56,893
Businesses 5-mi
2009 Number Of Businesses 574
2012 Number Of Employees 11,966
2012 Total Annual Payroll $180,769,000

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Disclaimer

Notice: The User (that's you reading this) of this Website understands that Larry Braden CA License #01492583 and WA License #18058 ("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.


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