MergerPlace

High Cash Italian Ice/Ice Cream-Seasonal

New Jersey (Bergen)


  • Asking Price: $315,000
  • Gross Income: $244,000
  • Cash Flow: $111,791
  • Real Estate: Not Disclosed
  • Inventory: $3,000
  • FF&E: $15,000
  • Listing ID: #204281
  • Established: 2015
  • Employees: 1 FT / 1 PT

Business Description

Homemade Italian Ice/Ice Cream Franchise! Popular location in town with a growing Event Concession Business. Business includes long time ice cream location and 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.

A Concession trailer/cart was added and this business and was contracted for over 70 events for the 2017 season with further growth potential in the future. This location only accepts cash and check. Business is very profitable. Act now. Business will not last long on the market!


Business Details

Primary Business Category: Retail Trade - Food & Beverage Stores
Location: New Jersey
County: Bergen

Company Information

Year Established: 2015
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 1 FT / 1 PT

Financial Information

Asking Price: $315,000
Gross Revenue: $244,000
Cash Flow: $111,791
FF&E: $15,000
Inventory: $3,000
Seller Financing Available: No

Property Information

Facilities:

A great location in a premier town. Dine-in, take-out and outdoor seating available. Additionally, Concession trailer and Cart are used for town days, sporting events, birthday parties and corporate events.

Growth & expansion opportunities:

Potential for growth includes the addition of corporate accounts, new store locations, territory expansion and extended hours.

Competition:

Established franchise ice cream competitors in town but this location has been a long time Ice Cream store with families coming each week throughout the summer months. It shows in the numbers since the business has grown every year since inception.

Reason for selling:

Well established now for a new owner to take over a turnkey business. Can be run absentee or hands on since systems are in place and its seasonal. Winters off for snow birds!

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.

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Business Listed By:

Daz Connell

Murphy Business Brokers