Franchise Ice Cream & Fast Food - Limited Brazier
Location Las Vegas, Nevada, United States
Asking Price Range $250K - $500K
Gross Revenues $240000
Net Profit / Cash Flow $89720
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2008
Number of Employees 6 - 9
Inventory 101800
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Training 2 weeks.
Reason for Sale Other business interests.
Description Rare chance to own a well-known national ice cream franchise business for sale in a major Las Vegas hotel/casino! There are 2 available, so you can buy one or a chain! Great location in the food court with other major national franchises including Panda Express, Starbucks, and Baja Fresh; these are the tenants you want to be near! Exposure to tons of customers with a movie theater and giant indoor children's playground just feet away from the counter! Excellent signage, as there are a total of 3 major signs outside the grounds of the hotel that advertise the business! Business was just remodeled and all equipment is top of the line as per the Seller! Buyer pays franchise transfer fee of $5000 and must attend franchise training school for approx. 18 days (usually in Denver, CO). Buyer also pays for the cost of school at $3000 plus hotel, airfare, food, etc. Franchise royalties are 10% (5% to corporate & 5% to advertising). Store opened in late November 2008. Net income and Gross Sales are projected for 2009, based on December 2008 monthly figures. December is the slowest month of the year for ice cream businesses, so the projections/estimates are very conservative. Seller feels this is the minimum that the store would do for 2009, as sales have been growing steadily every week! P/T manager in place, so Seller doesn't have to work in the store as much! Store is ready to be co-branded! Food sales account for 35% of business with ice cream being the remainder! Hotel charges very low rent (under $1500/month) and gas is included with rent! Hotel pays for almost all advertising (at no charge to the business) and sends out direct mailers to over 100,000 people on a regular basis! Where else can you get this type of location for this kind of price? CONTACT NOW!
Leased location of 400 square feet with a total rent of $1,215. Seller is active in business with 8 part time employees. $100,000 Leasehold Improvements.
Click Here To Contact Seller
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