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Established Baskin Robbins Very Profitable for sale in Gresham, OR

Gresham, Oregon (OR)

Asking Price: Gross: Cash Flow:
$ 125,000 $ 341,083 $ 82,454

Furniture and Fixtures Value:
$ 50,000 (included in the asking price)

Inventory Value:
$ 6,000 (not included in the asking price)

Business Summary:
Outstanding corner location, with high visibility, lots of foot traffic, on a major arterial. 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 31 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. 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: 1980
   
Number of Employees: 8 PT  
   
Facilities / Terms of Lease: Outstanding corner location, with high visibility, lots of foot traffic, on a major arterial. The business is well laid out with seating for 15, lots of sunshine and windows on two sides, and lots of parking. The base rent is $1751 per month plus NNN charges of $544 per month. The Lease expires 12/31/2018 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 1980 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, Bank 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 31 years  
   
Seller Reference Number: HfngBRGresham
BusinessMart.com Listing Number: 209960
 

 

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