Owner Financing is Available!
Business Overview:
This is an outstanding opportunity to own 3 businesses for less than the price of one; Baskin & Robbins 31 Flavors, the former Dunkin Donuts, and Gyro's. Only the Baskin & Robbins is a franchise and the other two are independently owned by the Seller. Outstanding corner location, with high visibility, lots of foot traffic on a major arterial. The business is very spacious, 2040 sq ft, with seating for over 50, lots of sunshine and windows on two sides, and lots of parking. Current owner bought it one year ago and must sell due to family issues. This business has been established since 1991. Current owner has done no promotion or marketing. The income figures that are used are what the Seller reports to the IRS and State. Baskin & Robbins royalty is only 2% and the transfer fee is $2,500. The two weeks of training by Baskin & Robbins is local and the Seller will provide two week of on-site training. The Seller is willing to finance the sale with $25K down, 2 year term, 6% interest. This business is priced below equipment value and is a steal!!!!
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:
Outstanding corner location, with high visibility, lots of foot traffic on a major arterial. The business is very spacious, 2040 sq ft, with seating for over 50, lots of sunshine and windows on two sides, and lots of parking. The base rent is $3,400 per month plus NNN charges of $500 per month. The Lease expires 11/30/2014 and the Landlord will extend the term to a qualified Buyer.
Market Competition and Expansion:
There is no competition for any of the three businesses in the area - this is the ideal demographics for this business to explode.What this business needs is an owner without family issues who can devote his full attention and efforts to the business. The business has been established since 1991 and is a destination place for the locals. The Seller has added Gyro's but no one knows. With some promotion and marketing this business will explode.
Reason for Selling:
The Seller has family issues
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 a franchise resale opportunity.
Resources: