Business Summary
Fosters Freeze has been a California tradition since the mid 1940's. The Fosters story begins in 1946 when George Foster opened the first Fosters Freeze in Inglewood, California. He introduced the soft serve cone and a line of soft serve desserts. The unique product became so popular that he opened a chain of restaurants. As California grew, so did the Fosters concept. Made-to-order hamburgers, fries and other food items were added to the menu. Fosters Freeze truly could be described as California's first fast-food chain! This Foster Freeze franchise has been in this Sebastopol location since 1964 for almost 50 years!
This business that is for sale is located in Southern Sebastopol on the busy main highway into the downtown. The rent for the business is $3,200 month + property taxes. The current lease term expires in July 1, 2018. The facility is approximately 1800 square feet restaurant on over a half of an acre lot with plenty of parking available in the large on-site parking lot. There are 20 chairs inside this restaurant, plus another 20 chairs outdoors on the patio. The Seller's landlord is willing to discuss selling the property as well if desired by the Buyer.
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Competition:
This store has the advantage of being a 'Golden franchise' with royalties only charged on the ice cream and nothing else and there will be only a $5,000 transfer fee charged upon this sale.
Business Operation Details