HAAGEN DAZS ICE CREAM SHOPPE-NEW PRICE!
Seller:
Attn:
John Coto
Location:
Middlesex County, MA, USA
Listing Number:
"ABB266"
Overview of the Business:
Outstanding location and business! This is a well established franchisee of the nationally recognized premium ice cream brand, Haagen Dazs. There are over 200 franchised Ice Cream Shops. This one opened in 1995 and is therefore well-established. Sales have been steady in the low 400K's in the past several years. In 2004 sales were $401,885; in 2005 sales were $430,172; in 2006 sales were $423,879, 2007 were $412,078 and 2008 $415,403. In January 2006 store was renovated and upgraded to bring it up to Haagen Dazs current standards for new franchise shops. Included in the sale price are the rights to the lease, the rights to the franchise, and all the Furniture, Fixtures and Equipment as well as training. In addition to the asking price, there is a $5,000 transfer fee to transfer franchise to buyer. This is an outstanding opportunity to buy a profitable, nationally recognized franchise business located in a top Mall location at a reasonable price.
Property Features and Assets:
The business leases approximately 1000 sq. feet in busy shopping mall. Seller is paying $9700 per month, includes base rent and Common Area expenses. A 10 year lease was set up February 2005 and may be assumed by Buyer, subject to landlord approval.
Market Competition and Expansion:
Growth and Expansion: May be achieved by offering catering services as some shops
Competition: No other premium ice cream brand nearby.
Additional Details:
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