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Quick Facts
Asking Price: | $267,500 | |
Annual Revenue: | $600,808 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $70,666 | |
Total Debt: | Not Disclosed | |
FF&E: | $100,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1987 | |
Employees: | 19 | |
BBN Listing #: | 317050336 | |
Broker Reference #: | 15541-131150 |
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Business Overview:
This is a unique opportunity to become part of one of the most well-known and highly regarded ice cream and fast-food franchise concepts in the country for a fraction of the typical investment for a new location. The business offers ice cream and cakes, as well as burgers and other food items. The location is fully staffed with experienced workers to assist the owner/manager.
The business has been around for 35 years, with the current owner operating since 2008. The large 3,176 sq foot facility is located on a high traffic road with a nearby entertainment venue. An efficient drive-thru complements a spacious dining area and large kitchen with a ample preparation and storage space.
While there are other quick service restaurants serving ice cream and food, this business sets itself apart with a strong brand, plenty of franchise support, and a protected franchise territory. This is an ideal business for an owner-operator, with significant upside potential.
The business could grow by increasing both drive-thru and dine-in hours. There is also the option to add breakfast items and local food specials. The current owner has not pursued online ordering and delivery services which could be instituted along with locally focused social media campaigns.
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Property Features and Assets:
Monthly Rent: $8,205.00 Square Units (Foot, Meter): 3,176 Lease Expiration Date: October 30, 2023, 11:00:00 PM FF&E Overview: Full kitchen equipment, plus dining area.
Market Competition and Expansion:
While there are other quick service restaurants serving ice cream and food, this business sets itself apart with a strong brand, plenty of franchise support, and a protected franchise territory. This is an ideal business for an owner-operator, with significant upside potential. The business could grow by increasing both drive-thru and dine-in hours. There is also the option to add breakfast items and local food specials. The current owner has not pursued online ordering and delivery services which could be instituted along with locally focused social media campaigns.
Reason for Selling:
retirement
Additional Details:
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