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Profitable, Established Ice Cream Franchise

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Virginia Beach city Co., VA   |  Food and Beverage Businesses for Sale – Other Food and Beverage Businesses for Sale   |  Businesses for Sale Between $150k and $250k

Asking Price:
$175,000

Gross Revenue:
$369,842
Cash Flow:
$90,139
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$6,457
included in asking price

FF&E:
$179,160
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Turn-key, profitable at store with revenue increases each of the last three years. Great lease, great staff! The store has operated under the same owner for the past eleven years and has grown a very loyal base business following. The store has tremendous potential with additional community involvement through schools, clubs, sports teams, etc. The well-known franchise has been around for more than 25 years, offering strong support and assistance in getting this location transitioned to new ownership. If you are looking for a fun and relaxing business, this is it! Franchise agreement and lease are transferable and the franchise will help with training and transition. Owner financing is an option.

About the Business

Year Established:
2003
Number of Employees:
1 FTE; 15 PTE
Franchise:
Yes
Facilities:
Excellent lease and landlord. The business has been a fixture in this Shopping Center for one and a half decades.
Market Outlook/
Competition:
Limited competition in the "premium" ice cream sector. Great locations catering to homes, businesses, vacationers, schools, etc.
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About the Sale

Reason For Selling:
Owner currently downsizing for retirement and selling multiple successful busine
Training/Support:
Will train for 1 week @ no cost
No previous business experience needed. Franchise and current owners will provide the training.
Seller Financing:
$125K down/$50K for 24 mos @ 6%

Listing Info

Keywords:
Ice Cream, Yogurt, Ice, Ice Cream Store , Frozen Yogurt, Virginia Beach County, Virginia
ID:
1393666
Ad Detail Views:
30

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Business Listed by

Russ Bieber

Murphy Business & Financial Corporation

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U.S. Census Data for Virginia Beach city County, VA
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Virginia Beach city County, VA
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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