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- RE: Well Known Water Ice Franchise-5 Locations 10% Dwn
- Contact: Joseph Chiarello
Quick Facts
Asking Price: | $900,000 | |
Annual Revenue: | $1,307,202 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $298,219 | |
Total Debt: | Not Disclosed | |
FF&E: | 340,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2005 | |
Employees: | 80 | |
BBN Listing #: | 84874955 | |
Broker Reference #: | 2702-18008 |
Business Overview:
ONLY 10% DOWN NEEDED, LENDER PRE-QUALIFIED - Stores making over $298,000 net income combined! Put down $90,000 (10%) to purchase these stores and after debt service for first year you will make $159,148 IN THE 7 MONTHS THAT IT'S OPEN!! You will get your down deposit back in 4 months during the season!
These 5 well know franchise water ice locations are all within 10-mile radius. Three locations are stores, one location is in an amusement park and the other one is in a baseball stadium. One of the stores has a pizza place inside with the water ice store and comes as part of it.
The best part about this business is it's only open for 7 months out of the year! Turnkey Business. The current owner oversees the operations, has managers in place and has it fully staffed during the season. OWNER IS RETIRING! Buyer will be responsible for all transfer fee's to the franchisor.
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Property Features and Assets:
Assets = $595,000
Reason for Selling:
Retirement.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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