Very busy, and popular Ice Cream and Snack shop in Fairfax, VA. In business for over 6 years, offering a Special Brand of Locally made Ice Cream. Plenty of room for growth by expanding the menu items offered, and being open 7 days a week. This business is easy to operate, and this is the perfect time to buy it, because we are just coming into the busiest time of the year. As the saying goes "Make Hay While the Sun Shines" in other words don't miss the Summer Rush. The number of employees varies by the time of the year. In Winter there are only 2 PT, but currently there are 7 PT. This is an excellent business for a first time business owner. Best if operated as a Hands on Owner Operated business. Hurry !!!
About the Business
Number of Employees:
Building Sq. Ft.:
$4,800.00 Per Month
1,200 Square Feet, with Total Monthly Rent of $4,800, and a Lease Term till July 2023.
No similar business competition in the area.
Growth & Expansion:
Expanding the menu items offered to include more food/snack items, offering Hot Drinks in the Winter, and Staying open 7 Days a Week, along with doing More Marketing and Advertising.
Seller will give 2 - 4 weeks of Training/Transition as needed.
Ad Detail Views:
Asking Price: $99,900 Gross Revenue: $213,913Cash Flow: $40,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $1,500 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.
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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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