Ice Cream Franchise In High Density District
Location Texas,United States
Asking Price Range < $250K
Gross Revenues $150000
Net Profit / Cash Flow $24360
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1989
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Reason for Sale Family reasons.
Description A beautiful franchise ice cream shop for sale, located in Montrose area, facing busy traffic intersection, surrounded by high schools, university, office buildings, hospitals and Museum district. Store serves ice cream, cakes, sodas, etc. Fully equipped. Franchise fee is 6% + 2% for advertising, $5,000 transfer fee cost to Buyer. Approx. 15% - 20% of revenues is from catering services to hospitals, museums, offices in downtown and private parties. In order to increase the income, new Buyer needs to operate full time to control the services, product quality, and personnel. 2nd floor is available for expanding for special occasions or sublease. Cost to start a new store would be $200,000 - $250,000. Excellent location. Seller financing is negotiable. Semi-Absentee Owner. Please refer to CBB Listing #6978HP.
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