Businesses for Sale

Restaurants: Fast Food Franchise

 

Restaurants - Fast Food Franchise

Contact Information

Bob Brooks
CABB,IBBA
Business Team

phone: (408) 246-3846
CONTACT US TODAY


Status Active  
Listing ID 7809
Listed Price $89,000
Down Payment $74,000
SDE $33,140
Total Sales $133,694

Asset Info
Inventory† $1,000

Included in price
Not included in price


Reason For Sale


Operations

Year Established
Form of Ownership Corporation
Absentee Owner N
Franchise N
Days & Hours
Years Owned
Business Age

Location

Alameda County
Type of Location
Lease Expires
Security on Lease
Location Comments

Executive Summary

Business Description

Located in a major East Bay mall, this easy-to-run franchise serves hot, delicious pretzels and hand-scooped ice cream. Foot traffic is high and profit is up--the first quarter of 2012 is 76% higher than last year! Rent is extremely reasonable at $1,904 including NNN, and a new lease is available. The owner, who only works about six hours per week, is planning to move out of the area and has offered to finance a qualified buyer.


A full-time owner/operator could further increase revenue and profit by expanding menu items to include milk shakes, ice cream bars, and premium ice cream brands. This would be a wonderful opportunity for a buyer to get a profitable business that still has a lot of upside.