Super Premium Ice Cream Franchise
Location New York,United States
Asking Price Range < $250K
Gross Revenues $222943
Net Profit / Cash Flow $61000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2005
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Reason for Sale Other business interests.
Description Super Premium Ice Cream Franchise for sale in very affluent North Shore neighborhood. High traffic shopping center on major Suffolk County roadway. The owner has a full time job and does not have enough time to devote to this business. He is only there part time. Birthday parties, cakes and catering are part of this stores established book of business. The highest quality super premium ice cream, service and social and environmental community involvement are this company's mottos. 6.5 years remain on the current lease with an additional 10 year option and only 3% rent increases. In fact, the owner has exclusive ice cream rights in two immediate shopping centers. Turnkey operation for the right person. Birthday party business makes this store profitable off season and throughout the year. In 2008 the store grossed approx: $222,943 with a net of approx. $61,000. This is one of the best franchises to work with. They have only 2% Royalties and 2% for advertising. That is far less than most other franchises which charge 6-8%. It is important to note that this franchise has put a freeze on all Royalties until 2010. If you like the location and lease, but not the franchise, the franchise agreement can be terminated at no additional cost and you can bring in another franchise or your own concept. We are looking for a serious and qualified buyer who is willing to be hands-on. That is what this store needs to really be successful. If you fit these criteria call or email Mel Vaz today for an appointment to visit the store at 631-909-1095.
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