$154,900.00
Asking Price
Status: Active
Posting ID: 284866
6/5/24
Description
This is your opportunity to own a Baskin Robbins ice cream store in Sunny San Diego County. The asking price is $154,900, ADJ CF $50K, lease ends July 2037, franchise terms goes until July 2037. It opened in July 2017. There will be potential seller financing up to $50K for a qualified buyer with real estate collateral.
Baskin Robbins is the #1 ice cream franchise in the World. The owner has decided to downsize his Baskin Robbins organization due to other professional commitments. He will continue as a Baskin Robbins Franchisee with multiple stores. Therefore, this is an excellent opportunity for you to become a Baskin Robbins Franchisee and generate cash for yourself.
The store opened in July 2017. The current owner purchased the store in January 2019.
The store is in located in a shopping center with many retail stores and restaurants. It is a great location facing a main avenue.
The current owner oversees the store and handles administration. He does not scoop ice cream or service customers on a day-to-day basis. The owner visits the store around 3 times / week to make bank deposits, check out the store, and handle administration (typically 1-2 hours per visit)
The employees service the customers and make the cakes. No need for a full time manager. The cake decorator has been employed for 1.75 years, works 2-3 days / week.
This is a great opportunity to increase sales & cash flow through local store marketing and advertising. This is also an opportunity to manage operations, reduce costs, and increase cash flow.
Baskin Robbins Training - 3 weeks combined online training (5 days) and in-store training (10 days – typically driving distance to training store). Training of 15 days is spread out over a period of 30 days.
Price does not include inventory, deposits, Franchise Transfer Fee - $7,500, Franchise Grand Re-Opening Marketing Fee $3,500, working capital reserves
Financing Option: Seller may consider short-term Financing up to $50,000 to Qualified Buyer with real estate assets to be secured.
To get more information about this Baskin Robbins Ice Cream Franchise - Semi Absentee business for sale in San Diego County please phone Dean Hecker - BRE License #:# 01867838 at 760-805-4400 and -- - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #284866 on BizBen.com. In addition to phoning Dean Hecker, make sure you email Dean Hecker above to get more info about this Baskin Robbins Ice Cream Franchise - Semi Absentee, to ask any questions or request an appointment to see this business for sale. Thank you.
Contact
Details
Asking Price: $154,900.00
Down: $154,900.00
Cash Flow: $50,000.00
Revenue: $380,000.00
Area: San Diego County
City: None Given
Attributes:
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