MergerPlace

Italian Ice/Ice Cream Franchise!

New Jersey (Bergen)


  • Asking Price: $569,000
  • Gross Income: $416,000
  • Cash Flow: $199,300
  • Real Estate: Not Disclosed
  • Inventory: $3,000
  • FF&E: $15,000
  • Listing ID: #203144
  • Established: 2011
  • Employees: 2 FT/12 PT

Business Description

Homemade Italian Ice/Ice Cream Franchise! Two popular locations PLUS Concession Business. Business includes two great store locations, concession trailer and cart. Business currently operates from March through October. It has the ability to run all year or to transition into additional seasonal options. Currently Contracted during off season for school deliveries while retail shop is closed.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: New Jersey
County: Bergen

Company Information

Year Established: 2011
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 2 FT/12 PT

Financial Information

Asking Price: $569,000
Gross Revenue: $416,000
Cash Flow: $199,300
FF&E: $15,000
Inventory: $3,000
Seller Financing Available: No

Property Information

Facilities:

Two great locations in premier towns. One 880 square feet and the other 800 square feet. Dine-in, take-out and outdoor seating available. Additionally, Concession trailer and Cart are available for inside or outside events.

Growth & expansion opportunities:

Potential for growth includes the addition of corporate accounts, territory expansion and additional stores.

Competition:

Established franchise ice cream competitors in town but this is the only Italian Ice location in town so it stands out above the competition. It shows in the numbers since the business has grown every year since inception.

Reason for selling:

After establishing and building this successful out-of-state franchise, the owners are ready to sell to a committed owner. The first location was established in 2011 and the second in 2015. Concession trailer added and was contracted for over 70 events for the 2017 season with further growth potential. Locations accept cash and check only; credit cards not accepted. Business is very profitable. Act now. Business will not last long on the market.

Support & Training:

Will train for 2 weeks @ no cost. Over 80 flavors of Italian Ice and Ice Cream along with specialty ice treats/cakes. Cash Only business and all ice products are purchased through the franchisor so NO franchise royalties are charged.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Daz Connell

Murphy Business Brokers