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The Wall Street Journal Online

Baskin-robbins

Albuquerque, New Mexico (Bernalillo County)

Photo Available
Asking Price:
$415,000
Gross Income:
$653,695
Cash Flow:
$109,982
EBITDA:
N/A
FF&E:
$230,000.00 *
Inventory:
$10,000.00 *
Real Estate:
N/A
Year Established:
N/A
Employees:
N/A
Business Types:
Other Food Stores
Restaurants

* included in the asking price

Business Description

This offering includes two established and profitable Baskin Robbins franchised ice cream stores in Albuquerque, New Mexico. Baskin Robbins was founded sixty two years ago has grown into a network of 6,000+/- retail stores in 25 countries. As a Baskin Robbins franchise the two stores offer the successful line of Baskin Robbins ice cream and ice cream related products. The business owner established the stores as an investment and is an absentee owner. A more active owner could certainly grow the business by pursuing offsite sales, more aggressive marketing and promotion and by adding additional stores.
The above referenced Baskin Robbins stores to include all furniture, fixtures, equipment, $10,000.00 of product inventory, franchise rights, covenant not to compete and training are offered for sale for $415,000.00. Seller financing is available with a down payment of $100,000.00. The balance would be payable over a ten year amortization period at six percent per annum.

Detailed Information

Competition:
The variety, quality and modest price point create a great environment for continued expansion and growth.
Growth/Expansion:
A more active owner could certanily grow the business by pursuing offsite sales, more aggressive marketing and promotion and by adding additional stores.
Financing:
Seller financing is available with a down payment of $100K
Support/Training:
Training would be provided for a period of time.
Reason Selling:
Owner is relocating
Contact Seller

Broker Information

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Business For Sale Listed By

John Lastra
Grubb & Ellis|New Mexico
505-883-7676

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Ad#: 646812

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