Soft Serve Ice Cream & Fast-Food Restaurant SC2185
Not Disclosed, CA Not Disclosed
Northern California
Request More Information Contact the Seller
- RE: Soft Serve Ice Cream & Fast-Food Restaurant SC2185
- Contact: Adriana Sargent
- License #: 2100708
Quick Facts
| Asking Price: | $1,200,000 | |
| Annual Revenue: | $1,400,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $325,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $100,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1994 | |
| Employees: | 20 | |
| BBN Listing #: | 948983 | |
| Broker Reference #: | SC2185 |
Business Overview:
Northern Californian Soft Serve Ice Cream and Fast-Food Restaurant Franchise - SC2185
This Northern Californian Soft Serve Ice Cream and Fast-Food Restaurant is a California Limited Liability Company that has been in existence for 30 years and under current ownership for the past 20 years. This location is part of 7,000+ Worldwide franchises in over 20 countries with the Franchisor founded in 1940 and franchising since 1944. Not only does this location offer soft serve ice cream, but they also offer burgers and sandwiches, chicken baskets, snacks, sides & salads. They also offer a rewards program and kids meals. Franchisor approval will be required for the Buyer.
There is essentially no competition in the local surrounding area. This location is equipped with a full drive through. This is a very strong, longstanding franchise and highly regarded in the neighborhood with strong loyalty and local customer base.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Business Location
City: Northern California
State: California
Detailed information
Year Established: 1994
Home Based: No
Franchise: Yes
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Part-Time Employees: 20
Contractors: N/A
Owner Worked Hours/w: 40
Adjusted EBITDA: $275,000
Inventory Included: Yes
Inventory Value: $10,000
Monthly Rent: $8,500
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Building Size: 1800
FF&E Included?: Yes
FF&E Value: $100,000
Financial Information
Asking Price: $1,200,000
Cash Flow: $325,000
Gross Revenue: $1,400,000
Down Payment: $900,000
Market Competition and Expansion:
Training/Support
The Seller is willing to train the new Owner for up to 2 weeks at 30 hours per week. Additional training from the Seller may be available at mutually agreed upon compensation from the Buyer to the Seller.
Market Outlook/Competition
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 retire.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
- View more California businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information
