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Popular Ice Cream & Yogurt Franchise
Location: United States -> Indiana -> Indianapolis
Industry: Food and Beverage > Other Food and Beverage




Business Summary

For sale are the Exclusive Franchise Area Development Rights for the State of Indiana for a unique, Ice Cream and Yogurt experience along with a Company owned retail location in the heart of Downtown Indianapolis.

Within Indiana, there are currently 2 franchise store open and operational (including the company owned store that is part of this sale) generating just under $20,000 annually in royalties to the current Area Developer.

These Area Development rights include:
- Exclusivity in Indiana
- Reduced franchise fees for all company owned stores opened
- Sharing by the Franchisor of proceeds from franchise fees generated for any store opened in Indiana
- 50% of all royalties collected on Sales from stores within Indiana
- Very favorable term Franchisor note for $100,000 of the acquisition cost of the Area Development rights.

The Company Owned store for sale as part of this transaction is located in a very attractive area of Marion County, and has generated continual increases in sales since it opened in Mid-2013. It is currently the largest grossing store in the Franchise. The store was designed as a showplace with the current owner having invested heavily in the facility to enhance the customer experience.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $456,000
Cash Flow:   $117,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $226,500
Seller Financing:  Not Disclosed

About The Business

Year Established:  2013
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Yes
Current Real Estate:  Leased

About The Sale

Management Training and Support:  4 weeks
Reason For Selling:  Other interests

Photos

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Popular Ice Cream & Yogurt Franchise Photo 1




Print Listing Id: 700240356
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Indiana Businesses For Sale > Indiana Franchises For Sale > Indiana Business Brokers



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