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#5262
Chico~Yuba City

Major Ice Cream Franchise in Hottest Downtown Location

$99,000
Available

Want to Visit This Popular Ice Cream Franchise?  Select "Sign NDA" and go see it. Simple as that!

This is an Easy to operate Ice cream franchise and is located in the heart of a major downtown scene on a Main street Corner location.  As the yogurt shops start to closed their doors, the ice cream businesses are picking up!  Get in now!

This screams location, location, location!  High foot as well as traffic counts. A key corner location on two major streets. 

This is a Beautiful area of Northern California with a population of around 93,233 residents. Lots of nearby activities and culture in this Northern California city. This is a family friendly city with a great parks system and UC nearby.

There is seating for 20 and a huge service counter to handle a the patrons with ease. It also has great street appeal and interior appeal as well. The interior at this location is well done and has very high period authentic ceilings...this is a quality built establishment.

The back of the house has walk-ins and all the necessary equipment to run a major ice cream business.

Lease is reasonable @ $4,658.95 for 2,060 sq. ft.

Sellers shows a profit  on taxes and as an owner operator seller states a new owner could make an income of over $55K...this is only an estimate and many factors can and will affect actual income figures and Buyer should not reely on this statement in determining to buy this business. 

Seller has priced this right, but will consider offers for the well priced Franchise.

Buyer will need to qualify for lease and franchise...financials available upon qualification of buyer.

Reason for selling: partnership has other interests

This is a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Scott Beaton DRE License #01853968

Lease

Region:
Chico~Yuba City
Lease Term:
Expires May 31st, 2019 + 5 year option
Total Monthly Rent:
$4,659
Security Deposit:
$2,500

Financials

Last Year's Annual Gross:
$360,349
Last Year's Owner's Cash Flow:
$56,126
Last Year's Food Cost %:
27
Last Year's Payroll Cost %:
23
Last Year's Rent %:
15

Operations

# of Full-Time Employees:
1
# of Part-Time Employees:
7
Hours Open:
12 pm to 11pm
7 days
Year Established:
2009

Facilities

Indoor Seating:
20
Inside Sq. Ft.:
2060

Highlights

  • Popular Ice Cream Franchise
  • Corner location
  • Prime Chico downtown market area
  • Easy to Operate

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 5-mi
2014 Total Population 36,773 73,162
Households 1-mi. 5-mi
2010 Number Of Households 14,480 29,899
2010 Persons Per Household 2.43 2.38
Median House Value $294,600 $281,965
Income Per Household $45,224 $42,126
Businesses 1-mi. 5-mi
2009 Number Of Businesses 1,185 2,197
2012 Number Of Employees 32,876 59,120
2012 Total Annual Payroll $510,887,000 $1,017,997,000

click for more demographic info

Disclaimer

DISCLAIMER: 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 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.


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