Profitable Franchised Ice Cream Store

Not Disclosed, NJ
Morris County

Asking Price: Annual Revenue:
$695,000 $642,700

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Profitable Franchised Ice Cream Store Broker: Seth Kain

Quick Facts

Asking Price: $695,000
Annual Revenue: $642,700
Net Profit: Not Disclosed
Cash Flow: $256,910
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: Not Disclosed
Year Established: 40
Employees: 3
BBN Listing #: 28142979
Broker Reference #: 6308sk

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Business Overview:

40 year old signature franchise ice cream shop along with fast food in the highest traffic area of the town. Located in a huge strip mall off a major thoroughfare with a well-known anchor store. Many area kids & sports teams frequent the place. Husband & wife team plan to retire once the store’s sold. Sells a high volume of ice cream & ice cream cakes, soup, hamburgers, sandwiches, salads & sides. FURNITURE, FIXTURES, & EQUIPMENT of $80,000 +/- included in sale. A new qualified tenant should get a similar favorable lease situation thru the landlord. Contact Seth Kain for additional details & showing.

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Property Features and Assets:

1,550 square feet. Majority of the equipment is in very good condition. Owners are in the process of repairing two freezers which would then be in very good condition. Plenty of strip mall parking. All assets are included. Owners still have 9 years left on their lease. A new qualified owner should get a more favorable lease situation if so desired.

Market Competition and Expansion:

There are two other ice cream franchise shops in the same town. Though, they're on the other side of the town. One of them offers fast food while the other one does not. A new owner should deliver to local residents & businesses. The business is situated in an area with very easy access to various residential areas of the main thoroughfare. This includes easily getting to two neighboring towns.

Reason for Selling:

The husband & wife team plan to retire

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.

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