Absentee-Owner Popular Northern Californian Ice Cream Restaurant Franchise - SC2194

Business Overview:

This Northern Californian Ice Cream Restaurant Franchise is a California Sub-Chapter S Corporation that has been in existence for 31 years and under current ownership for the past 19 years. This location is part of almost 8,000 franchises across the globe with the Franchise being founded in 1945. This franchise is the world’s #1 chain of dessert and ice cream serving almost 1,500 flavors. This is an absentee owner business, and with the right attention by an owner could bring tremendous growth and profitability to the business. The franchise agreement currently extends to 2027.

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Market Competition and Expansion:

The global ice cream market size was valued at $79 Billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.2% from 2022 to 2030. Factors such as the rising demand for innovative flavors, types, and the rising demand for impulse ice creams such as cones, sandwiches, and pops in developing countries are expected to drive the market growth.

Reason for Selling:

The reason for selling is the Seller would like to pursue other interests.

Additional Details:

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