Listing #: 142-00062
Category: Fast Food
  • Listed Price $ 397,000
  • Down Payment $ 397,000
  • Gross Sales $ 750,000
  • Total Income $ 0
  • Equipment/Fixtures$ 150,000
  • General Location Palo Alto
For more information contact:
Robert Hartman
Office: (415) 671-7199
Cell: (650) 279-3097
Office Website

Ice Cream Shop in 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.

Financial Information

  • Gross Sales:$750,000
  • Total Income: $0
  • Listed Price:$397,000
  • Down Payment $397,000

Financing:

Assets & Lease Information

  • Inventory: $7,000
  • Leasehold Improvements: $300,000
  • Equipment/ Fixtures: $150,000
  • Base Rent: $9,863
  • Total Rent: $11,609
  • Rent Deposit: $19,138
  • Year Established:
  • Square Feet: 1,397
  • Lease Ends: 2/2026
  • Lease Options: 2/5
  • Categories: Fast Food
  • Other Assets:

Additional Information

  • Full-Time Employees:0
  • Part-Time Employees: 12
  • Contract Staff: 0
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  • Training Period: 10 Days
  • Special License Required: None
  • 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.

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