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Fast Growing Ice Cream Franchise Model Location

Danville, CA (Contra Costa County)

Fast Growing Ice Cream Franchise Model Location
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Asking Price: $99,000

Cash Flow: $40,000

Gross Revenue: $300,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $3,500 /Month

Established: N/A

Fast Growing Ice Cream Franchise Model Location

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Business Description

DESCRIPTION:
There are so many amazing advantages in taking over this amazing franchise location! This venue is in a prime location within a busy shopping center and one of the fastest-growing Liquid Nitrogen Ice Cream Franchises in Creamistry! With many anchor tenants, this location is a storefront with great curb appeal and visible to all passersby. This location has a loyal following of local residents from this upscale community and is known for it\'s mouthwatering made to order fresh ice cream, making memorable eating experiences. Summer concerts are held weekly right outside this location also.
The new owner will save over $300K in build-out and equipment, hiring staff, and many of the headaches that come with opening a new franchise. Many signature items are served here and with a Full-Time Owner operator (2 weeks Training), this venue will be hitting financial targets easily.
With 8 years remaining on this long secure lease and a loyal, regular customer base, pride in ownership is easily appreciated here. The business is a ‘model’ turn-key operation with all systems in place and a strong Franchise support system. Creamistry® combines passion, innovation and a commitment to quality to bring customers a fresh ice cream experience. The wide selection of premium products, excellent customer service, and liquid nitrogen smoke show thrills customers, but it is the ice cream that keeps them hungry for more!

LEASE
Monthly Rent: $3500 including CAM
Expiration: June 2027
Options: New Lease
Deposit: TBD

BUILDING INFO.
Square ft.: 990
Patron capacity: 15
Patio: N/A
Hours of Operation: Daily 12pm-10pm

OPERATIONS
Years established: 2
No. of employees 20 PT
Monthly payroll: $10k/mos.
Absentee run: Absentee
Franchise: YES

FINANCIALS
Monthly sales: $25,000 AVG ANNUAL
Monthly cash flow: $
Annual Sales: $347k/yr
Annual Revenue:
Royalties: 6% and 2% Marketing

PROFORMA ANALYSIS
Sales $25k/month
Rent: $3500 (Industry Standard 10%)
Labor: $7500 (Industry standard 30%, lower % with Full Time Owner Operator)
COG: $7500 (industry standards 30%)
Misc. $2500 (10% for credit cards, utilities, repairs)
Royalty: $1500 (6% Franchise)
Marketing: $500 (2% Franchise)
Net income potential $40-60k/year (If run at industry standards)

Listing #19038RG

Detailed Information

Location:
Danville, CA
Real Estate:
Leased
Building SF:
990
Lease Expiration:
N/A
Business Website:
http://www.PacificRestaurantBrokers.com
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Pacific Restaurant Brokers

Business Listed By:
Jerry Diza

Pacific Restaurant Brokers

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