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RESTAURANT FOR SALE
Popular Local Ice Cream Brand
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Selling Restaurants presents this Ice Cream and Frozen Yogurt Shop with a well known local name for over fourteen years. Selling Restaurants sold this store for several hundred thousand dollars less than two years ago. The buyer got very sick and was not able to keep the level of quality service and cleanliness demanded by the area. As a result sales suffered as well as the brand. The original owner has taken possession again and has already begun to rebuild the brand. So there is plenty of opportunity to continue the rebuilding process and build equity. You can pick up the business for a fraction of what it sold for, and the owner is available to help you with the strategy on rebuilding the business. This is a great example of buying for potential, but you are paying for current cash flow. This store was cash flowing well over $100,000 a year.
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General Information
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| Listing Status: |
In Contract |
| Price: |
$79,000 |
| Location: |
Sac./Placer/El Dorado/Yolo/Nevada Counties |
| Lease Information: |
ends May 1, 2011 |
| Base Monthly Rent: |
$3,180 |
| Indoor Seating: |
27 |
| Outdoor Seating: |
3 |
| # of Part-Time Employees: |
10 |
| # of Full-Time Employees: |
0 |
| Hours Open: |
11-10pm 7 days week |
| Year Established: |
2001 |
| Sqft: |
1300 |
| Hood System: |
No |
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Highlights
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- Brand has been established for over 14 years in local area
- You can purchase for less than start up costs
- Owner will help you re build the business
- Brand is already established- just re build service level
- In fast growing part of Sacramanto county
- Great opportunity to buy in a greatly reduced pricing!
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The information contained in this offering profile was provided by the Seller and is believed to be accurate. Paramount Restaurant Brokers, Inc. has not verified the information and therefore makes no representations or warrantees as to its accuracy or completeness. This profile is subject to the Confidentiality Agreement and Disclaimer as agreed to and acknowledge by the Buyer. Please note: (1) Sq. ft. is estimated (2) Adj. Net represents the last year's owner's cash flow (3) Annual Payroll is last year's and does not include any owner wages.
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