Asking Price: $240,000

Gross Revenue: $480,000

Cash Flow: $70,000

Inventory: $15,000 (Not Included in Asking Price)

This ice cream franchise has a reputation for being super-premium and among the best money can buy. The owner is absentee and the employees handle all operational and managerial functions. The sales have been stable for many years. They have done 20 catering events in 2008 that generated $1,000-6,000 each. Because this is an existing franchise, the owner will not have to pay royalties on sales but instead will pay an annual franchisee fee and monthly advertising fee which is thousands less annually than what the royalty fees would be.

Year Established: 1995

Employees: 4 full time - 2 part time

Franchise: Yes

Facilities: 250 sq ft of retail space and 250 sq ft in the basement. Prime upper west side location with high foot traffic.

Market Outlook and Competition: This is a great brand which stands alone in terms of quality and name recognition. The shop has a great location on a major high foot-traffic street. Growth and Expansion: The seller has had good success with handing out coupons so this could be done more extensively with other forms of promotion. And the catering business can be expanded.

Management Training and Support: The buyer will help transition and the franchise provides the training needed to be successful.

Reason For Selling: seller has other opportunities they want to pursue