Retail - Other Eating & Drinking Places | Retail - Other Food Stores

$Seller Financing Available

Asking Price	$99,000	Inventory	$5-7,000**
Gross Income	305000	Real Estate
Cash Flow	$45,000	Year Established	2006
FF&E	N/A	Employees	1 ft 5 pt

* included in the asking price

** not included in the asking price

This ice cream franchise is located in a busy retail center in Fairfield. It was built in March 2006 at a cost of approx. $305K. The Sellers own four ice cream franchises and have decided to sell this store first. This ice cream franchise will be the only brand offering both hard scoop and soft serve ice cream. The new equipment needed to add the soft serve products is included in the sale. This franchise has consistently strong sales and profit but the current owner is mostly absentee, dividing time between other owned franchises, family responsibilities and this location. This franchise opportunity offers rewarding potential. For more information contact Restaurant eXchange at 916-482-7979. Franchise: Term through March, 20256. Royalty 5.9% of sales. Marketing Fee 5%. Buyer to be approved by Franchise, and complete training, mostly in Southern California. Buyer to pay transfer fee $5,000.

Facilities: Approx. 1150. Approx.$2405 plus NNN. The Lanlord has agreed th lower the rent from $2.35 sf to $1.75 sf this is and incredible rent reduction by approx. $864. per month. The Landlord will reconsider this amount annually. Term through March 2016 + 2 five-year options.

Seller Financing Available: Yes

Financing: Down Payment $50K All Cash Offer $89K.

Support/Training: One week at 40 hours per week. Franchise training in So CA

Reason Selling: Other franchise obligations. Family. Outside Job