Absentee Owned- High Profit!

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Asking Price:
$221,000

Gross Revenue:
$195,000
Cash Flow:
$94,425
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$3,000
included in asking price

FF&E:
$15,000
included in asking price

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Business Description

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

Year Established:
2011
Number of Employees:
1 FT/6 PT
Real Estate:
Leased
Facilities:
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!
Market Outlook/
Competition:
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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About the Sale

Reason For Selling:
The owners are ready to sell to a committed owner.
Training/Support:
Will train for 2 weeks @ $0 cost.

Listing Info

ID:
1461112
Ad Detail Views:
1521

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Business Listed by

Daz Connell

Murphy Business & Financial Corporation

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