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Business for Sale Overview:

This business is the most recognizable retail ice cream franchise that enjoys a 98% US brand awareness. This particular business has been family owned since 1970 and is well positioned for an owner/operator. For 2007, the business had gross revenue of $260,000 and cash flow of $70,000. Besides the current owners, there are 2 full-time and 4-6 part-time employees. With exception of the current executive management, it is not anticipated that there will be any employee turnover resulting from the sale. There is approximately 1,500 square feet at $3,000 per month including CAM charges. The lease expires in November of 2009. The equipment is in good condition. A detailed schedule of assets to be included in the sale is available upon request. This business has been in the family since 1970. The current owner is the son of the original owner and he would like to pursue other business interests. The seller is willing to train and transition the Purchaser for a mutually agreeable period immediately following closing to ensure a smooth and seamless transition. The purchase price does not include inventory valued at the seller’s cost.

Property Features and Assets:

1,500 square feet building.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for the new owner.
• This is not a homebased business opportunity.
• This is a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.