A popular ice cream franchise in Coventry is on the market for £149,950 due to unforeseen health issues faced by the owners
Baskin Robbins started in America back in 1960. The Coventry branch opened in 2022. Since then, it has been a popular spot in the city center. The owners have made improvements, adding new equipment and refurbishing the place.
The business runs with a small team of four staff members. They believe there’s a lot of potential to grow profits. Right now, the shop operates from 3 PM to 11 PM daily. With better management and extended hours, they think sales could really take off.
The franchise has a solid reputation in the community. It’s surrounded by other popular spots like McDonald’s and Nando’s, which helps attract customers. The current lease has about seven and a half years left, with an annual rent of £18,500.
Last year, the business made £170,129, mostly from walk-in customers. The owners have already paid the franchise fee, and royalty fees are currently suspended. They’re also offering training for the new buyer.
If you’re interested, check out the Rightmove website for more details.
