National Ice Cream Franchise
Location Maryland,United States
Asking Price Range $250K - $500K
Gross Revenues $484000
Net Profit / Cash Flow $110000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2004
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Description Summary National Ice Cream Franchise Located in a upscale New Shopping Center with major Anchor stores in Prince Georges County , Maryland. This Franchise Voted Fastest Growing Franchise in 2006. This Unique Ice Cream Franchise Makes all the Ice Cream in the Store and Offers a Variety of Made to Order Ice Cream Cakes. Please email or call Phil Blum at 301-938-6468 For More Details!
Asking Price $299,000.
Revenues $484,000.
Cash Flow $110,000.
Asking Price Notes Price does not include inventory.
Lease Rent $4326/Month .
Lease Notes 5 Years Remain w/2 5 Year Options.
Reason for Selling Other Business Interests.
Number of Employees 25 PT in Summer 17 PT in Winter.
Payroll $10,000 / Month.
Payroll Notes Managers are paid a total of $30,000/Year.
Licenses Business/Food.
Parking Ample Shopping Center.
Hours 11-10 Mon-Th 11-11 Fri,Sat,Sun in Summer Season.
Building Size 1630 Square Feet.
Utilities 1900/Month Average.
Equipment See List of Equipment.
Inventory $4000 Not included in asking price.
Comments New Section of a Newly Renovated Shopping Center with plenty of Parking and National Franchises. Opened in 2006 Royalty Fee is 9% which Includes Advertising All Equipment has been serviced by a quarterly Preventative Maintenance Contract. Owner Invested $318,000 in Start up costs and Equipment.
Broker Comments The new owner will net at least $110,000/Year if he operates the business himself without paying a manager $30,000/Year in Salary.
Category 3 Huge Potential to grow this business.
Contact for more information on this Ice Cream franchise for sale.
Click Here To Contact Seller
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