Seller's Contact Information
- RE: Popular Ice Cream & Yogurt Franchise
- Contact: Len Janssen
Quick Facts
Asking Price: | $625,000 | |
Annual Revenue: | $456,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $117,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 223,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2013 | |
Employees: | 12 | |
BBN Listing #: | 421341635 | |
Broker Reference #: | 3953-44008 |
Business Overview:
For sale are the Exclusive Franchise Area Development Rights for the State of Indiana for a unique, Ice Cream and Yogurt experience along with a Company owned retail location in the heart of Downtown Indianapolis.
Within Indiana, there are currently 2 franchise store open and operational (including the company owned store that is part of this sale) generating just under $20,000 annually in royalties to the current Area Developer. These Area Development rights include:
-Exclusivity in Indiana
-Reduced franchise fees for all company owned stores opened
-Sharing by the Franchisor of proceeds from franchise fees generated for any store opened in Indiana
-50% of all royalties collected on Sales from stores within Indiana
-Very favorable term Franchisor note for $100,000 of the acquisition cost of the Area Development rights.
The Company Owned store for sale as part of this transaction is located in a very attractive area of Marion County, and has generated continual increases in sales since it opened in Mid-2013. It is currently the largest grossing store in the Franchise. The store was designed as a showplace with the current owner having invested heavily in the facility to enhance the customer experience.
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Property Features and Assets:
State Area Development rights secured and retail store opened May,2013. TTM Sales have increases every month since
Market Competition and Expansion:
There are currently 2 stores open in Indiana. With a population of 6.5 million, there is tremendous opportunity for additional locations, both franchisees and owned within the state.
Reason for Selling:
other business interests
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
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