Asking Price: $221,000 Gross Revenue: $195,000Cash Flow: $94,425 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $3,000 included in asking priceFF&E: $15,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This is Homemade Italian Ice/Gelato Ice Cream Franchise! Very Popular location in town, business currently operates from March through October. It has the ability to run all year or to transition into additional seasonal options. The business has a high profit margin and franchise fees are much lower than any other franchise concept. Rent is very low for this type of retail store. Built for success and can be easily run absentee. This location was established in 2011 and has been consistent year over year. This location accepts cash and check only which makes it very easy to run. The business is profitable every year and you get winters off! Act now. Business will not last long on the market!
About the Business
Number of Employees:
1 FT/6 PT
A great location in busy downtown with lots of foot traffic. Dine-in, take-out and outdoor seating available. Additionally, Concession trailer and Cart are available for inside or outside events. Low Rent!
Established franchise ice cream competitors in town but this is the only Italian Ice location in town so it stands out above the competition. It shows in the numbers since the business has grown every year since inception.
Growth & Expansion:
Potential for growth includes the addition of Events, corporate accounts, adding new stores, and territory expansion. Many ways to increase sales.
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the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
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