Fast Food (Ice Cream, Burgers, Sandwiches, etc.)

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Asking Price:
$99,000

Gross Revenue:
$191,759
Cash Flow:
$51,842
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$1,500
included in asking price

FF&E:
$26,150
included in asking price

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Business Description

Established, profitable and popular Homemade Ice Cream, Burgers, Sandwiches, etc. This business can be run as seasonal or year round. Located at a busy intersection with gas station, Dunkin Donuts, liquor store and other businesses. Adequate space with plenty of parking. Substantial opportunity for revenue growth by adding menu items. Prior years the owner sold beer/wine but had to cut back on menu items and only stayed open for 4 months in 2018. The seller is the landlord and is reasonable on the rent price/terms.

About the Business

Location:
Bristol County, Massachusetts
Year Established:
2013
Number of Employees:
10
Real Estate:
Leased
Building Sq. Ft.:
1,200
Rent:
$1,800.00 Per Month
Lease Expiration:
12/31/2024
Facilities:
Adequate space and plenty of parking. Located at a busy intersection with gas station, Dunkin Donuts, liquor store and other businesses. Outdoor seating offered currently. Indoor seating is available with the addition of a bathroom.
Market Outlook/
Competition:
This is the only homemade ice cream shop in town in a busy intersection. Fantastic reputation!
Growth & Expansion:
Opportunity for staying open 12 months per year instead of seasonal. Could expand days/hours open. Add beer/wine again (added $100K in revenue the season they offered it). Add pizza or some other popular foods.
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About the Sale

Reason For Selling:
Needs to create more time in his life to devote to his family.
Training/Support:
2 weeks if needed.

Listing Info

ID:
1580897
Ad Detail Views:
0

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Business Listed by

Audie Quick

Quick and Associates

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