Established Baskin & Robbins
Portland, Oregon
| Asking Price: |
Gross: |
Cash Flow: |
| $99,000 |
$315,900 |
$61,810 |
Furniture and Fixtures Value:
$50,000 (included in the asking price)
Inventory Value:
$6,000 ( not included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
Outstanding corner location, with high visibility, lots of foot traffic in a major strip mall. The business is well laid out with seating for 15, lots of sunshine and windows on two sides, and lots of parking. The business was established in 1989 and the current owner has owned this location for over 21 years. The Seller is ready to retire. The current owner has done no promotion or marketing. This store needs an owner operator to take it to the next level. Baskin and Robbins is the recognized leader in the specialty ice cream business with an awareness rating of over 98%. Baskin Robbins royalty is only 1%, only for this Seller, and it is locked in until 2/28/2027. The Ad Fee is 2%. The transfer fee is $7,500 and the Seller will pay half of it with the right offer.. There is three weeks of training by Bask Robbins in Burbank, CA and the Seller will provide one week of on-site training. Buy now and take advantage of the summer rush. This business is priced below market and is a steal!!!!
|
|
| |
|
| |
|
| Year
Business was Established: 1989 |
| |
|
| Number of Employees:
8 PT |
|
| |
|
| Facilities / Terms of Lease:
Outstanding corner location, with high visibility, lots of foot traffic on in a major strip center. . The base rent is $2597 per month plus NNN charges of $512 per month. The Lease expires 6/30/2020 and has a 5 year option to extend the term |
|
| |
|
| Potential
Growth/Expansion:
What this business needs is an owner who can devote his full attention and efforts to the business. The business has been established since 1989 and is a destination place for the locals. With some promotion and marketing this business will explode. |
|
| |
|
| Competition:
There is no competition in the area - this is the ideal demographics for this business to explode |
|
| |
|
| Owner
willing to finance:
Cash, Banki Financing |
|
| |
|
| Owner
willing to train:
Baskin & Robbins provides three weeks of Franchise training in Burbank, CA. The cost is $2200. The Seller will provide another week of on site training on the day to day operation of the business and operation of the equipment. |
|
| |
|
| Reason for selling:
The Seller is retiring after 21 years |
|
|
|
| REQUEST MORE INFO |
 |
|
