Fire Sale! Ice Cream Franchise Store in Metro-Birmingham, AL!

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Asking Price:
$49,000

Gross Revenue:
$257,000
Cash Flow:
$60,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Price has been reduced to $49,000! Ice cream season has come! Take advantage of the incredible sales!

Sellers are willing to accept a down payment and payment plan for the remaining goodwill!

The Ice Cream Shop is a fast growing franchise from Atlanta that specializes in rolled ice cream and scoop ice cream. The shop is 1,100 sq. ft. with enough room to add soft serve ice cream, milkshakes, bubble tea, sandwiches, and other hot food. Ice cream generates one of the highest profit margins among all food industries!

Franchise Fees only 6%! Yearly Revenue is currently $260,000! Seller's net profit is $60,000 plus $24,000 Payroll (Total take home: $84,000) after paying all payroll, rent, and expenses!

Store is located in one of the busiest plaza's in Metro-Birmingham with a Walmart and a huge parking lot to accommodate customer volume. The rent is very reasonable at $2,775 which includes water and sewage expenses!

Store is only open for 10 hours during the summer! During winter hours, the store is open 6 hours per day and closed Mondays!

Store currently runs with 2 employees during winter and 4 employees during the summer. Payroll was $80,000 for 2018 but Seller took $24,000 of that as his Payroll.

Seller is moving out of state and is motivated to sell! Call us today to make an offer! We may be able to get you a partial loan to buy this business!

Asking Price for Business-only reduced to $49,000! Ice cream season has come! Take advantage of the incredible sales!

If interested, please email info@riverbrokers.com with your full name and best contact number to reach you.

About the Business

Location:
Hoover, Alabama
Real Estate:
Leased
Building Sq. Ft.:
1,100
Rent:
$2,775.00 Per Month
Facilities:
Store is located in one of the busiest plaza's in Metro-Birmingham with a Walmart and a huge parking lot to accommodate customer volume. The rent is very reasonable at $2,775 which includes water and sewage expenses!
Growth & Expansion:
The shop is 1,100 sq. ft. with enough room to add soft serve ice cream, milkshakes, bubble tea, sandwiches, and other hot food.
Contact the Seller

About the Sale

Reason For Selling:
Seller is moving out of state and is motivated to sell!
Training/Support:
Seller is willing to provide training!

Listing Info

ID:
1638784
Ad Detail Views:
0

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Business Listed by

Kavita Purohit

River Brokers Real Estate
License# 000115817

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