Profitable, Proven Ice Cream & Frozen Yogurt Shop - Valley River Ctr

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Proven, Profitable Ice Cream & Frozen Yogurt shop - Valley River Ctr
Asking Price:
$59,000

Gross Revenue:
$193,602
Cash Flow:
$46,707
EBITDA:
$46,707
Inventory:
$3,500
not included in asking price

FF&E:
$187,500
included in asking price

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Business Description

This opportunity is a well-established, profitable All American Ice Cream and Frozen Yogurt Shop® located at the Valley River Center Mall in Eugene, Oregon. It is an ideal business for a second income operation. The business has a long 30 year history within the mall and the communities of Eugene and Springfield. The shop is currently a company owned and operated treat shop. It was previously an All American franchise shop owned by local Eugene residents. We are seeking a local partner to assume ownership and management as a franchise All American location. The seller will offer financing to a qualified buyer with a reasonable down payment.

NOTE: *PROJECTED CASH FLOW based on conversion from Company (absentee) to local owner-operator status as a franchisee.

About the Business

Location:
Eugene, Oregon
Year Established:
1986
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
350
Rent:
$2,700.00 Per Month
Lease Expiration:
2/1/2023
Facilities:
The All American shop was remodeled and refitted with new and refurbished equipment and signage in 2012 and in 2018. It is now offered for turnkey sale to a hospitality oriented franchise partner.
Website:
www.allamericanicecream.com
Market Outlook/
Competition:
The All American Ice Cream Shop has a unique, high traffic location, and is the only ice cream/frozen yogurt shop in the Mall. The location has many distinct benefits. These include predictable, daily high foot traffic exposure for new and existing sales; consumers who have come to the Mall with money to spend. There is little food preparation and there is no requirement for a highly skilled restaurant staff.
Growth & Expansion:
The franchiser maintains historical information from previous sales and conversions of company operated shops to franchise operated. Based on this and the industry rule-of-thumb standard, conversion to an owner-operated business can see year over year revenues increase at least 15-20%. In addition, local owners' operating expenses tend to be significantly lower than with company operations.
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About the Sale

Reason For Selling:
Absentee Ownership. Conversion from Company shop to local franchise location
Training/Support:
Can be operated as semi-absentee - 20 to 30 hours per week. The franchiser, All American Specialty Restaurants of Portland, Oregon, will provide on site in-store operations and management training to the franchise owner at no additional charge.

Listing Info

ID:
1459156
Ad Detail Views:
0

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Business Listed by
Dennis Bromka

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