Washington Baskin And Robbins Donuts And Gyros Business For Sale

Business description

This is an outstanding opportunity to own 3 businesses for less than the price of one; Baskin & Robbins 31 Flavors, the former Dunkin Donuts, and Gyro's. Only the Baskin & Robbins is a franchise and the other two are independently owned by the Seller.Outstanding corner location, with high visibility, lots of foot traffic on a major arterial. The business is very spacious, 2040 sq ft, with seating for over 50, lots of sunshine and windows on two sides, and lots of parking. Current owner bought it one year ago and must sell due to family issues. This business has been established since 1991. Current owner has done no promotion or marketing. The income figures that are used are what the Seller reports to the IRS and State. Baskin & Robbins royalty is only 2% and the transfer fee is $2,500. The two weeks of training by Baskin & Robbins is local and the Seller will provide two week of on-site training. The Seller is willing to finance the sale with $25K down, 2 year term, 6% interest. This business is priced below equipment value and is a steal!!!!

Property information

Real Estate:

Lease

Lease terms:

The base rent is $3,400 per month plus NNN charges of $500 per month. The Lease expires 11/30/2014 and the Landlord will extend the term to a qualified Buyer.

Leasehold rent:

$46,800 per annum

Location:

Outstanding corner location, with high visibility, lots of foot traffic on a major arterial.

Premises details:

Outstanding corner location, with high visibility, lots of foot traffic on a major arterial. The business is very spacious, 2040 sq ft, with seating for over 50, lots of sunshine and windows on two sides, and lots of parking. The base rent is $3,400 per month plus NNN charges of $500 per month. The Lease expires 11/30/2014 and the Landlord will extend the term to a qualified Buyer.

Business Operation

Expansion potential:

What this business needs is an owner without family issues who can devote his full attention and efforts to the business. The business has been established since 1991 and is a destination place for the locals. The Seller has added
Gyro's but no one knows. With some promotion and marketing this business will explode.

Competition / Market:

There is no competition for any of the three businesses in the area - this is the ideal demographics for this business to explode

Reasons for selling:

The Seller has family issues

Trading hours:

5 AM- 9 PM (winter) 5AM - 10PM (summer)

Employees:

4 PT

Years established:

21

Franchise terms

Franchise opportunity:

Yes

Baskin & Robbins royalty is only 2% and the transfer fee is $2,500. The two weeks of training by Baskin & Robbins is local and the Seller will provide two week of on-site training.

Other information

Support & training:

Baskin & Robbins provides two weeks of Franchise training locally. The Seller will provide another two weeks of on site training on the day to day operation of the business, preparation of the donuts and gyros, and operation of the equipment.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Cash, Bank Financing, or Seller terms with $25K down, 2 year term, at 6% interest

Furniture / Fixtures value:

$55,000 (included in the asking price)

Inventory / Stock value:

$3,500