The owner has invested over $450k in a brand a new build-out and new equipment in 2016. Family related reasons are forcing the owners to sell at a deep discount!
Located in tony downtown Palo Alto, this shop has growing revenues from local diners and shoppers that frequent the area.
The franchise has a novel approach to ice cream made fresh, one serving at a time. The brand has grown rapidly in the last few years, and customers love it!
Wonderfully supported by this CA based franchise, the new owner can jump right in and take advantage of the momentum that the current owner has generated.
Listing Number:
Category:
Location:
SOLD
Financial Information:
Gross Revenue:
Listed Price:
Total Adjusted Net Income:
Year Established:
General Location:
Hello World
First Choice Business Brokers
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.
The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
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Location: Palo Alto
The owner has invested over $450k in a brand a new build-out and new equipment in 2016. Family related reasons are forcing the owners to sell at a deep discount!
Located in tony downtown Palo Alto, this shop has growing revenues from local diners and shoppers that frequent the area.
The franchise has a novel approach to ice cream made fresh, one serving at a time. The brand has grown rapidly in the last few years, and customers love it!
Wonderfully supported by this CA based franchise, the new owner can jump right in and take advantage of the momentum that the current owner has generated.
Listing Number:
Category:
Location:
Palo Alto
Office: (702) 368-2500 | Cell: (725) 233-3333
License #: BS.0146004
Financial Information:
Gross Revenue
$750,000
Listed Price:
$397,000
Lease Information:
Square Feet:
1397
Total Rent:
$11,609
Lease Expiration:
2/2026
Lease Options:
2/5
Asset Information:
Leasehold Improvements:
$300,000
Equipment / Fixtures:
$150,000
Additional Information:
Full-Time Employees:
0
Part-Time Employees:
12
Training Period:
10 Days
Reason for Selling:
Recent change in family related obligations and can't devote enough effort to the business. Must sell.
First Choice Business Brokers
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.
The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read First Choice Business Broker,
Terms of Use before responding to any ad.
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