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#262
Chico Restaurants For Sale

NATIONAL ICE CREAM FRANCHISE

$49,000
NATIONAL ICE CREAM FRANCHISE
This Listing is Expired
This ice cream franchise is a well established and extremely popular brand name. Set in Chico, this establishment is popular with the college students and families that live in the area. Serving organic and original flavors, the brand caters to multiple audiences. The location has 1,241 square feet with a base rent of $2,580. The lease has 7.5 years remaining with two 5 year options. There are 7.5 years remaining on the franchise agreement. The franchise will require the buyer to attend a one week training session. Annual Gross for 2004 was 220,000+ and is currently absentee operated. Buyer to assume approximately $30,000 of equipment leases.
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 Yrs Remain + Two 5 yr options
Total Monthly Rent:
$2,580

Financials

Last Year's Annual Gross:
$220,000

Operations

# of Part-Time Employees:
6
Hours Open:
7 Days
Year Established:
2003

Facilities

Inside Sq. Ft.:
1,241

Highlights

  • Gross Sales: 220,000+
  • 1,241 Square Feet
  • Base Rent - $2,580
  • 7 years remaining on lease
  • Two 5 year options
  • Six part time employees
  • Popular National Franchise
  • One week Corporate Training
  • Near Theaters

Financing

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

Demographics

Population 5-mi
2014 Total Population 0
Households 5-mi
2010 Number Of Households 958
2010 Persons Per Household 2.24
Median House Value $189,700
Income Per Household $61,944
Businesses 5-mi
2009 Number Of Businesses 19
2012 Number Of Employees 0
2012 Total Annual Payroll $4,600,000

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.

Other Listings in the Area
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    #6426
    Profitable Mexican Restaurant
    Lease:  
    Expires Oct. 1, 2024 with two 5 year options
    Monthly Rent:  
    $5,600
    Annual Revenues:  
    $824,767
    Annual Adj. Net:  
    $198,338
    Square Feet:  
    3,000
    Available
    $175,000

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