Freestanding Franchise Shaved Ice with Drive-thru

Not Disclosed, TX
Dallas County

Dallas


Asking Price: Annual Revenue:
$925,000 $541,202

Food & Beverage: Coffee, Cafe, Dessert


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RE: Freestanding Franchise Shaved Ice with Drive-thru Broker: Moon Kim
License #: 567204

Quick Facts

Asking Price: $925,000
Annual Revenue: $541,202
Net Profit: Not Disclosed
Cash Flow: $211,438
Total Debt: Not Disclosed
FF&E: $79,500
Real Estate: $575,000
Year Established: 2004
Employees: 26
BBN Listing #: 318919188
Broker Reference #: 001185

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Business Overview:

Prime location free-standing franchise frozen dessert shop with drive-thru and patio in Dallas area is available for acquisition. This business was originally established over a decade ago in 2007 by the current owner of the business. Most of the customers are families with children of all age groups and demographic that live in the surrounding densely populated residential neighborhoods. The visibility of this business is one-of-the-best in the area that can be easily spotted and is placed optimally for easy accessibility. Sales have been in the range of $500K/year that have been consistent over the last 3-4 years of operation with the help of corporate marketing and some local marketing from the owner of the business. Although corporate marketing is in place to help the business, other proactive marketing methods within the local area will be beneficial to the future growth of cash flow and acquisition of new customers from untapped areas within the city and surrounding areas. Competition can be expected for many franchise businesses, but there is no competitor within the immediate market area that has products similar to this business. There are many ways to proactively market this business such as marketing with a food truck to attend events, social media outlets, and full-time owner involvement. A full-time owner-operator for this business will be extremely beneficial to the cash flow since this will cut unnecessary payroll expenses for management and increase the overall quality of service as the owner will be there to delegate. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.

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Property Features and Assets:

This business is in a 535 SF freestanding building with an outside covered patio and a drive-thru installed that has high visibility from the street and is easily accessible. All equipment is in impeccable condition and in working order. (Owner has spent $30,531 over the past 4 years, updating and replacing many equipment and fixtures.) / Inventory: $5,000 (Included in listed price).

Market Competition and Expansion:

Competition: There are other competitors that sell frozen desserts such as Braums and McDonald but no direct competition in the same category as this for 10 miles. / Growth and Expansion: Corporate provides some marketing nationwide and the owner with some local marketing, but other proactive marketing methods needs to be utilized to reach its full potential.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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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