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Business For Sale

Marble Slab Creamery Colleyville #19576

Colleyville, TX

Food & Beverage: Coffee, Cafe, Dessert

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$125,000
$216,000
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2009
3
540418963
Owner Financing is Available!
Price $125,000: $62.5,000 down payment and seller financing or $100k All-CASH

Business Overview:

Marble Slab Creamery #751 was founded in ~ 2005. The founder failed to follow the franchise model and after repeated 'run-ins' changed the business to "Creamery" and continued to operate as an ice cream parlor. The franchisor successfully terminated the original franchisee and closed the store in ~ fall 2009. The current owner purchased the store ~Nov 2009 and extensively remodeled & re-equipped the store to current franchise standards. Marble Slab Creamery #751 re-opened in Jan 2010 and has been building the customer base. Price $125,000: $62.5,000 down payment and seller financing or $100k All-CASH

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:

This high visibility space is leased for base monthly rent of ~$1765 + NNN for a total of ~$2604/month. The 10 year lease expires ~Nov 2019. Seating ~18 inside in restaurant + 6 on outside patio.

Market Competition and Expansion:

This is a strong location with excellent potential. A new owner can continue to grow the business and profits in several ways: Promote new ownership with large banner, signs and ads Co-brand with neighboring stores including Subway Local store marketing

Reason for Selling:

Owner has remodeled and improved the store

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist 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.
 

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