Business Description Newly Remodeled Baskin Robbins Franchise
SIC Code Organizational Form S Corp
General Location Los Angeles
Selling Price $350,000
Annual Revenues $417,000 Discretionary Earnings $105,000
Days and Hours
of Operation M-F: 10:30 - 10, Sat & Sun: 11-10:30 Year Established 1960
Years Owned 3
Full-Time Employees 1 Part Time 3 Managers
Hours Owner Works 20 per week
Training & Cost training by franchisor
Executive Summary
Don't miss your chance to own part of the world's largest ice cream franchise! This high volume, high profit Baskin Robbins franchise is newly remodeled and situated in an ideal location within walking distance of a busy residential and commercial area. Same profitable location for 48 years; this franchise is highly visible and receives a great deal of foot traffic. The current owner works part time; new owner can operate business to increase efficiency and profits! The owner has already paid the franchise fee until 2028 (this is included in the purchase price).For over 62 years, Baskin Robbins has been delighting customers with its irresistible flavors and treats. Baskin Robbins still follows the same credos and innovative thinking as its founders, Burton Baskin and Irvine Robbins. With more than 5,800 retail shops in 40 countries, Baskin Robbins is now the world's largest chain of ice cream specialty shops.Training will be provided by the franchisor. Buyer must be qualified by franchisor. Confidential business information provided to qualified buyers.
Lease / Building Information
Monthly Lease/Rent $3,700
Expires 1/1/2015 Building Type Shopping Center
Terms & Options One 5 year option
Square Footage / Dim. 970 Seating
Other Rent increases 3% per year
Assets (Y=Included / N=Not Included / A=Available)
Accounts Receivable N
Licenses N
Inventory N
Type of License
L/H Improvements Y $40,000
Other Assets
Furniture / Equipment Y $100,000
Real Estate N
Total Assets $140,000
Information contained herein has been provided by the seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary.