Profitable Ice Cream in 5 excellent Malls

Chattanooga, TN
Hamilton County

Eastern TN

Asking Price: Annual Revenue:
$415,000 $700,000

Food & Beverage: Coffee, Cafe, Dessert

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RE: Profitable Ice Cream in 5 excellent Malls Broker: Bill Pinson

Quick Facts

Asking Price: $415,000
Annual Revenue: $700,000
Net Profit: Not Disclosed
Cash Flow: $129,000
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: Not Disclosed
BBN Listing #: 254343201
Broker Reference #: Not Disclosed

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Business Overview:

Profitable Yummy Ice Cream.

Profitable Ice Cream in 5 excellent Malls in East Tenn. Each location shows a profit Seller lives in another State and doesn't visit locations but possibly once a year. business needs someone that can be more responsive. This is a different type of Ice Cream and is unique and loved by many customers.

Perfect business for someone that doesn't want to be at the business every day but will visit at least once a quarter. Good business for owner that can stay busy with other projects.

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Property Features and Assets:

Inventory: Included in asking price Real Estate: Leased Building SF: 1,000 Lease Expiration: 1/1/2022 Employees: 7 Furniture, Fixtures, & Equipment (FF&E): Included in asking price Facilities: Business is located in good location in 5 Malls. Rent: $10,000 per month. Support & Training: Good training by Franchisor Reason for Selling: Owner lives over 400 miles from locations

Market Competition and Expansion:

Competition: Good Franchise w/ good product. there is competition but customers love this ice cream. Growth & Expansion: Business will grow by new owner paying closer attention to business. business doing well now but could increase by 25% to 30% with new owner that could visit the locations more often.

Reason for Selling:

Other business interests.

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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