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#319
Sacramento Restaurant For Sale

Very Successful Ice Cream Shop with Potential to Franchise

$399,000
Sold
Very Successful Ice Cream Shop with Potential to Franchise
This Listing is Sold

This is a very successful ice cream and frozen yogurt shop that has been around for 10 years, located in nice strip center in one of the fastest growing parts of California. They have developed a unique catering business that has experienced a great deal of growth in the last few years. The business has a solid lease and an adjusted net of over $133,000 a year. This is a turn key operation that you can jump right into. This store is run like no other ice cream shop. It is clean and well maintained with the most brilliant marketing strategy in the business. Not even the national chain ice cream stores can compete with this local brand, as the numbers show. A new owner is buying all the rights to the name and brand, so the new owner could grow the brand through internal expansion or through franchising the business. SBA Financing is available.

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:
5+5+5
Total Monthly Rent:
$2,842
Security Deposit:
$2,989

Financials

Last Year's Annual Gross:
$520,637
Last Year's Owner's Cash Flow:
$133,000
Last Year's Food Cost %:
26.7
Last Year's Payroll Cost %:
21.7
Last Year's Rent %:
12.3

Operations

# of Part-Time Employees:
15
# of Family Employees:
1
Hours Open:
11-10pm 7 days week
Year Established:
1994

Facilities

Indoor Seating:
27
Outdoor Seating:
3
Inside Sq. Ft.:
1,300

Highlights

  • Sales increased over 30% from previuos year
  • Fast Growing Business with Catering
  • Successful brand in area for over 11 years
  • Very desirable and fast growing area of Sac. County
  • SBA Financing Available with 20% down
  • Ice Cream and Frozen Yogurt Shop
  • Annual Gross in 2005 should be in excess of $500k
  • Unique recipes - all included in sales price
  • Estimate 2005 adjusted net at $133,000
  • Monthly Rent $2,842 + CAM
  • 1,300 Sq. Ft. facility
  • Catering Truck included

Financing

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

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.

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