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Businesses For Sale   >>   Food and Beverages Businesses For Sale

Franchise Ice Cream Shop For Sale

Location  Texas,United States
Asking Price Range  < $250K
Gross Revenues  $140000
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1900
Number of Employees  1 - 3
Inventory  90000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  Seller & franchisor will provide training.
Reason for Sale  Personal reasons.

Description  
Owner relocation requires immediate sale. Great little ice cream shop in university town has received great reviews on Urban Spoon and Yelp. Located in a hyper busy shopping area, this is an excellent opportunity for someone wanting to own and operate his or her own business without spending a fortune. Starting this store from scratch would typically cost over $200,000. But because of the owners circumstance the store is yours for only $75,000, and the owner is willing to finance $50,000 at 5% amortized over 6 years with a 3 year balloon. So the new owner will only need to pay $25,000 down plus a $5,000 transfer fee. The transfer fee covers the cost for training for the new owner by the franchisor. Training is comprehensive so the new owner needs no prior food industry experience. This is structured as an asset sale and is neither an offer nor a solicitation to sell securities. For more information contact Frank Duringer at 210-348-8989.


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