Owner Financing is Available!
Business Overview:
This is a Franchise Neighborhood Ice Cream Shop in a very busy location with lots of shopping, great visibility and high traffic counts. The sales are very consistent, even with limited hours of operation.
The Illinois Department of Transportation reports that there are approximately 40,300 cars driving by the front door of this franchise ice cream shop each day. This store opened in 2003. They serve a variety of ice creams, smoothies and other creations, made in-store daily. They have about 20 seats. Areas of opportunity to expand sales include additional local marketing. Franchisee's pay a 3% marketing fee for the large-scale marketing campaigns and professional branding.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Franchise Information: Royalty Fee: 6% of Gross Sales. Advertising: 3% of Gross Sales. Renewal Fee: 1/3 of then-current initial franchise fee. Transfer Fee: $10,000 or 5% of Gross Sales Price, whichever is greater.
Market Competition and Expansion:
Additional localized advertising and promotions would be an excellent way to boost sales even further. The time it takes to go through the process, secure a location and negotiate the lease, building the space and everything else that goes into starting a new business can take well over one year. According to the Franchisor's website, the initial investment range is between $294,250 and $438,850 for a securing and building a brand new location. Acquiring this already established store with history of successful operations saves the new operator both time and money!
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
Resources: