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- RE: Franchise Ice Cream Store In West Of Houston
- Contact: Austin Zhao
Quick Facts
Asking Price: | $155,000 | |
Annual Revenue: | $423,669 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $58,735 | |
Total Debt: | Not Disclosed | |
FF&E: | $60,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2017 | |
Employees: | 8 | |
BBN Listing #: | 939851 | |
Broker Reference #: | 76931-754155 |
Business Overview:
TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF # 76931-754155
Creamistry is a California-based franchise business founded in 2013, specializing in made-to-order liquid nitrogen ice cream using all-natural and organic ingredients, as well as offering vegan options. Known for its wide selection of freshly prepared and frozen ice cream, excellent customer service, and liquid nitrogen smoke show thrill customers, it has become one of the fastest growing liquid nitrogen ice cream franchises, recognized two years in a row by Inc. 5000. This franchise store is in a high visibility location with direct access to major highways and near a major shopping center and popular entertainment room. The store features newly renovated bright and delightful interior design. It has been in operation for 6 years with steady revenues since its inception in February 2017 and survived during the COVID-19 pandemic. Franchisor is heavily involved in the business development side of including corporate marketing, food innovation, digital ordering platform, etc. 80% of customer base is organic and returning customers. The average revenue of the past three years was $440, 222 with average Seller's Discretionary Earnings (SDE)of $81,746. The current owner bought this location in May 2022 for a diverse investment.
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Property Features and Assets:
Monthly Rent: $7,000.00
Square Units (Foot, Meter): 1,800
Lease Expiration Date: November 30, 2027, 10:00:00 PM
Terms Options: 5 Years Renewal Options
Facilities: This franchise store is in a high visibility location with direct access to major highways and near a major shopping center and popular entertainment room. The store features newly renovated bright and delightful interior design. The monthly rent of $7,000 includes the base rent of $4500 and NNN (Tax, Insurance & CAM) of $2,500
FF&E Overview: The details will be provided after NDA is signed
FF&E General Condition: In good working condition
Market Competition and Expansion:
Competition:
High quality, custom-made ice cream.
Operationally simple, easy to learn.
Passive income opportunities.
Franchisor provides training and support with suppliers and opening the store.
Strong leadership team committed to helping franchisees grow their markets.
Positive reviews from the customers.
Clean and great atmosphere.
Excellent customer service.
Expansion: Proactive marketing methods are needed to fully utilize to achieve maximum income potential and proactively market this business by using promotions. The Business will continue to grow since the population in the town has been dramatically increased over the past couple years. Also, the nearby area keeps growing and developing for the growth of the business.
Reason for Selling:
Family issues and time restrictions to take care of this business
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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