Business for Sale Overview:
Price just lowered to $185,000, August 2010.
Major Ice Cream Franchise in the beautiful city of Santa Monica. Established 13 years ago, this Ice Cream store has been a staple in the community for many years. It's on a busy street surrounded by shops, restaurants, hotels, clubs, a theater and just 2 blocks from the beach. There is always a constant flow of foot traffic. It's located in an attaractive building/plaza that has a huge patio, which always draws a crowd. Very easy to run business, which can be a great opportunity for a first time buyer or for a multi-business operator. Please complete the Contact the Seller form below to learn more details about this exciting business for sale. We look forward to hearing from you!
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The space consists of 1,040 square feet with total monthly rent of $6,500. There are 4 years remaining on the lease with a 5 year option to extend. There is free customer parking with validation that makes it convenient for their loyal customers. This franchise also has the lowest royalty of any franchise at Only 2%. Reason for sale is Sellers are moving back to their country.
Market Competition and Expansion:
This Ice Cream Franchise is regarded as having the best ice cream in the country. Very popular brand that creates great catering business along with strong cake sales. Business has actually been increasing over the past year and can further increase through more marketing and catering. No updating needed. The store is very well maintained and all equipment is in perfect working condition. Sellers have recently purchased an ice maker machine, coffe maker machine, which makes coffee, hot chocolate, and hot floats. They have also updated all freezers to ensure they're in proper working condition.
Reason for Selling:
moving
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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