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#415
Chico Restaurants For Sale

NATIONAL ICE CREAM FRANCHISE $39,000

$39,000
Sold
NATIONAL ICE CREAM FRANCHISE $39,000
This Listing is Sold
Average start up cost of this franchise is $250,000, you can own yours for only $39000. This is a well established franchise and extremely popular brand name. Located in booming Chico, this establishment is popular to both students and families alike. Offering unique original flavors as well as organic choices this brand caters to all audiences. Currently absentee owner operated business doing virtually no local marketing; a hands on owner could easily increase revenues by becoming involved in the community. This location has 1241sq' with a base rent of $2580. The lease has 7.5 years remaining with two five year options. There are 7.5 years remaining on the franchise agreement as well. The franchise will require the buyer to attend one week of corporate training session. Annual gross sales for 2004 was $220,000+. Owner has many other projects currently going on and wants out. Owner says bring all offers to the table.
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Chico Restaurants For Sale
Lease Term:
7.5 remaining with two 5 year options
Total Monthly Rent:
$2,580

Operations

# of Part-Time Employees:
6
Hours Open:
7 days a week
Year Established:
2003

Facilities

Indoor Seating:
12

Highlights

  • NATIONAL ICE CREAM FRANCHISE
  • EXTREMELY POPULAR BRAND
  • EXCELLENT LOCATION
  • NEW & CLEAN FACILITY
  • LOW MAINTANENCE OPERATION
  • NEARLY NEW FACILITY
  • AVERAGE START UP COST FOR THIS FRANCHISE IS $250000
  • PRICED TO SELL AT $39000
  • IN KEY LOCATION IN NEWER SHOPPING CENTER
  • ONE WEEK CORPRATE TRAINING

Financing

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

Demographics

Population 1-mi. 5-mi
2014 Total Population 36,389 73,162
Households 1-mi. 5-mi
2010 Number Of Households 15,419 29,899
2010 Persons Per Household 2.34 2.38
Median House Value $270,100 $281,965
Income Per Household $39,216 $42,126
Businesses 1-mi. 5-mi
2009 Number Of Businesses 1,012 2,197
2012 Number Of Employees 26,244 59,120
2012 Total Annual Payroll $507,110,000 $1,017,997,000

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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