What is the current gross revenue for this restaurant?
The total current gross revenue being generated is estimated at $231,050.
How does the restaurant profit?
Current profits are generated from the gross revenue, minus food purchases, payroll, supplies, and operating expenses. This will determine your net/cash flow.
Can I finance this restaurant?
Unfortunately there is no seller financing. However, if financing is needed for startup cost you can review additional Financing Options Here.
What is required in order to qualify for purchase?
Typically, most franchise restaurants will have liquidity and net worth requirements (to be determined on an individual basis by franchisor), require the buyer to attend an interview for approval, background check, and in most cases, require you to form an entity such as an LLC or Corporation to purchase. This not only protects the company, but also ensures protection of your business. If you need help forming this, we recommend that you Form A Corporation Here.
What are my expenses and overhead for a restaurant business?
Expenses will vary for each restaurant owner depending on the type of restaurant, number of employees, and location. Current expenses for this owner include: royalties, payroll, payroll taxes, workers compensation, advertising, supplies, food, utilities, property rental fees, permits and licenses, phone, and liability insurance.
Is the restaurant property owned or leased?
Currently the owner leases the property. New lease terms negotiated starting September 2017.
Where is the restaurant located?
Located in the Rochester, New York region. Physical address will be released to qualified buyers upon execution of an NDA.
What type of equipment is included with the sale?
Current list of equipment includes: counter cooler, warmer oven, counter freezer, blast freezer, prep tables, microwave, counters, blending station, dipping cabinet, display cases, sinks, shelving, storage, kitchen utensils, restaurant furniture, office furniture, cash register, signage, security system etc.
What size and how many customers can this restaurant seat?
This restaurant can seat 28 inside and 15 outside.
Does this restaurant currently have a beer or liquor license?
There is no beer or liquor license included with this sale.
Does the restaurant offer drive-thru or delivery service?
There is no drive-thru or delivery service. The restaurant does offer a catering service.
How long has the seller owned the restaurant?
Seller has owned this restaurant for 9 years.
Why is the owner selling?
Owner is relocating.
What are the hours of operation?
This restaurant is operated from 11am to 9pm, Monday – Sunday.
What type of neighboring business are in the area?
This restaurant is operated from 11am – 9pm Monday through Sunday.
What else should I know?
A great opportunity to own an existing franchise. This location has a great reputation and brand recognition, offering ice cream that is made in house using natural ingredients and waffle cones and bowls that are baked daily. Other ice cream related products that are available include: ice cream cakes, pies, cookie sandwiches, smoothies, shakes and iced or blended coffee drinks. This location brings in customers on a year-round basis. Priced to sell at $49,900. Please note that an initial franchise fee will also be payable. For additional information and to evaluate this business further Contact Us About This Restaurant Here!