Italian Ices & Frozen Custard Franchise - 27117

Kings County, NY
Kings County

Asking Price: Annual Revenue:
$350,000 $525,000

Food & Beverage: Coffee, Cafe, Dessert

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RE: Italian Ices & Frozen Custard Franchise - 27117 Broker: Jay Goldman

Quick Facts

Asking Price: $350,000
Annual Revenue: $525,000
Net Profit: Not Disclosed
Cash Flow: $79,815
Total Debt: Not Disclosed
FF&E: $70,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 7
BBN Listing #: 4874447
Broker Reference #: 27117

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Business Overview:

- Location, location, location is key to this Italian ices and frozen custard franchise's growing success. Open from April through October and right next to a world-famous attraction in Brooklyn, customers from all walks of life come from far and wide to savor this store's cool treats. - In order to maintain its nationally recognized Kosher certification, the Jewish sellers are required to be closed for business on Friday nights, Saturday days, and on many other Jewish observance days. HOWEVER, a new non-Jewish owner could remain open whenever he wants and still be in compliance with this certification. The sellers calculate that this new owner would experience a Big Bump Up in Revenues from being open for business during these times, when special events are almost always taking place and attracting extra big crowds. - The sellers own the franchise rights for 3 other prime locations. Altogether they paid $300K upfront for these rights and the construction of the store, which is fully decked out with the best in refrigeration and ice & custard making equipment. - Currently run absentee by one full-time day manager and one full-time night manager, you can increase profits by being more hands-on and cutting payroll costs.

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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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