MergerPlace

Premium Ice Cream Franchises in Richmond

Virginia (Chesterfield)


  • Asking Price: $449,000
  • Gross Income: $682,000
  • Cash Flow: $200,302
  • Real Estate: Not Disclosed
  • Inventory: $10,000
  • FF&E: $59,134
  • Listing ID: #203857
  • Established: 2001
  • Employees: 2 FT/5 PT

Business Description

This is a great opportunity to own TWO turn-key, thriving, premium ice cream franchises in the Richmond area. As new ice cream and yogurt shops have come and gone over the years, these shops have been consistently serving cool treats for 17 years straight! A loyal customer base has come to appreciate the exceptional ice cream that is made onsite every day with only the finest ingredients, not mixes simply dumped into a machine. These stores are about 10 minutes apart, and are priced as a package, but seller will consider splitting up. Strong franchisor support and a protected territory. Owner works part time and splits his time between stores. Open year-round, but business is seasonal with additional fully-trained part-time employees added during the warmer months.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Virginia
County: Chesterfield

Company Information

Year Established: 2001
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 2 FT/5 PT

Financial Information

Asking Price: $449,000
Gross Revenue: $682,000
Cash Flow: $200,302
FF&E: $59,134
Inventory: $10,000
Seller Financing Available: No

Property Information

Facilities:

The stand-alone modular buildings are located in upscale retail centers in fast-growing residential communities. Both properties are available for lease or sale with the business. Real Estate details will be managed by KW Commercial.

Growth & expansion opportunities:

Significant potential for growth by expanding into the mobile event business.

Competition:

There are several other purveyors of ice cream (or yogurt) in the area, but none with the tenure and reputation for quality.

Reason for selling:

Owner is retiring.

Support & Training:

Will train for 2 weeks @ no cost. Buyer needs only a business license and a passion for serving customers. Will need to be vetted and approved by franchisor to ensure a good fit with strong organizational culture. Owner and franchisor will provide complete training.

Contact Business Seller

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Business Listed By:

Michael Metzger

Murphy Business Brokers