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- RE: Beachside Dairy Queen
- Contact: Bradley Carpenter
Quick Facts
Asking Price: | $335,000 | |
Annual Revenue: | $450,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $100,560 | |
Total Debt: | Not Disclosed | |
FF&E: | $108,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1999 | |
Employees: | 5 | |
BBN Listing #: | 935990 | |
Broker Reference #: | 409-02299 |
Business Overview:
Uniquely located Beachside Dairy Queen along heavily traveled A1A. This is a Treat Store that does no cooking or has a drive-thru lane. The Store draws from locals and an extensive number of tourists that frequent the area. The Store, itself, recently underwent an approximately $80K remodel pursuant to DQ's franchisee requirements.
A new digital sign was installed with the remodel to improve visibility as the Store is within a short walk of a famous FL beach attraction. The owners are considered semi-absentee and are engaged 10-20 hours per week. The Seller will pay the $5K transfer fee cost. There is a 3-week formal training program required for all Dairy Queen franchisees along with an initial application process.
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Property Features and Assets:
Occupies 1,250 SF in free-standing well-maintained building fronting US A1A. Includes all required equipment in good operating order that conforms to current franchise requirements. Store was recently remodeled under DQ 10-yr. franchise requirements that included updated equipment and leasehold improvements. Store offers inside and select outside sitting with restrooms and primary entry way shared with adjoining national food franchise. New pole signage installed that is now digital.
Market Competition and Expansion:
There is a 10-mile radius covenant as to the location of competing DQs. In close proximity to the subject, there is limited availability of soft ice cream, especially of DQ quality.
Given region's population growth, further demand for Store's product is expected. Additionally, the area is a major tourist destination that is also undergoing revitalization.
Reason for Selling:
Focus on primary business
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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