Location: Orange County, CA
Industry: Ice Cream and Frozen Yogurt Shops
Listing ID: 01985366WP
Listing ID - 01985366WP
For Sale is a Long Established Baskin Robbins Franchise Unit in South Orange County.
Very nice store with consistent increasing sales and profits.
Stable staff with manager and multiple cake decorators.
Owner works very little part time, drops in from time to time, and does not work behind the counter. Owner reports this store is solid and stable.
The franchise is asking for a commitment by July 2024 to begin planning for upgrades to the store which is estimated $125,000 over the course of many months.
The franchise expires end of October 2024, renew at that time.
Facility lease expires at end of December 2024, Buyer to obtain new lease with landlord.
This is a confidential sale, please DO NOT TALK to EMPLOYEES, Landlord, Suppliers and Franchise without Seller authorization.
Baskin Robbins has over 8000+ Franchisees Around the World. Ongoing Franchise Royalty = 5.9% + Ad Fund 5%.
The training program is 15 days + online training.
Training consists of 5 days of Foundations.
Training and 5 days Dessert Operations.
Additionally, 5 days of operations training in a designated local training store.
Plus, 16 hours online classes to be taken during the course of training.
Franchise Training and Transfer fees vary from store to store with $7,500 base fee.
Down Payment: $175,000
Total Sales: $600,000
Cash Flow: $90,000
Accounts Receivable: N/A
FFE Included: Yes
Inventory Included: No
Year Established: 1980
Days & Hours of Operation: 7 Days (10:30am - 10:00pm)
Owner Hours Per Week: 10 Hours
Non-Owner Payroll: N/A
Absentee Owner: No
Lease Option: Including NNN
Real Estate: N/A
Monthly Rent: $7,671
Type of Location: Major Strip Center
Square Footage: 1113
Reason For Sale: Owner Has Accepted a Job with a Large Company
Owner Has Accepted a Job with a Large Company