MergerPlace

Turn Key High Cash Business

New Jersey (Bergen)


  • Asking Price: $199,000
  • Gross Income: $187,860
  • Cash Flow: $69,936
  • Real Estate: Not Disclosed
  • Inventory: $3,000
  • FF&E: $15,000
  • Listing ID: #204276
  • Established: 2011
  • Employees: 1 FT /6 PT

Business Description

This is a Homemade Italian Ice/Ice Cream Franchise! Very Popular location in town, business currently operates from March through October. It has the ability to run all year or to transition into additional seasonal options. Currently Winters Off! The business has a high profit margin and no franchise royalties! Rent is very low for this type of retail store with long term lease in place. Built for success and can be easily run absentee. This location was established in 2011 and has been consistent year over year. This location accepts cash and check only which makes it very easy to run. The business is profitable every year and is seasonal! Act now.


Business Details

Primary Business Category: Manufacturing - Food
Location: New Jersey
County: Bergen

Company Information

Year Established: 2011
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 1 FT /6 PT

Financial Information

Asking Price: $199,000
Gross Revenue: $187,860
Cash Flow: $69,936
FF&E: $15,000
Inventory: $3,000
Seller Financing Available: No

Property Information

Facilities:

A great location in busy downtown with lots of foot traffic. Dine-in, take-out and outdoor seating available. Low Rent with long term, stable lease! This shop is renovated, well maintained and in excellent condition.

Growth & expansion opportunities:

Potential for growth includes the addition of Events, corporate accounts, adding new stores, and territory expansion. Many ways to increase sales.

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:

The owners are ready to sell to a committed owner.

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. EASY TO RUN!

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Business Listed By:

Daz Connell

Murphy Business Brokers