5 Store Baskin Robbins Network for sale- Tennessee
Asking Price: | $1,500,000 |
Gross Revenue: | $2,300,000 |
Tremendous opportunity to acquire a major 5 store multi unit Baskin Robbins network in Tennessee.
* Some stores recently remodeled
* Store Sales Year over Year (2022 vs 2023) showing significant gains- Network Sales in 2022 were
$2,016,770 and Network Sales in 2023 were $2,289,142
* Strong financial performance with significant Seller Discretionary Earnings- please inquire
* All stores have a significant history and have been serving ice cream in the areas for many years.
* Favorable leases and terms
* 1 location is a drive thru free standing location
* 4 Stores are located in busy shopping centers in high traffic areas.
Since 1945 , Baskin Robbins with 7800 locations across the globe has been the second largest dessert and ince cream franchises in the USA.
Please note that the minimum financials requirements include the following for approval of this deal:
* Verifiable liquid assets of 30% of TOTAL selling price( including any remodeling costs that have to be completed in the next 24 months of the sale or Bank Commitment letter for the purchase
* Minimum down payment of 10% of purchase price
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