National Franchise Ice Cream in Fort Worth

Not Disclosed, TX
Johnson County

South Fort Worth


Asking Price: Annual Revenue:
$425,000 $400,000

Food & Beverage: Coffee, Cafe, Dessert


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RE: National Franchise Ice Cream in Fort Worth Broker: Moon Kim
License #: 567204

Quick Facts

Asking Price: $425,000
Annual Revenue: $400,000
Net Profit: Not Disclosed
Cash Flow: $150,000
Total Debt: Not Disclosed
FF&E: $65,000
Real Estate: Not Disclosed
Year Established: 2008
Employees: 7
BBN Listing #: 618219188
Broker Reference #: 001190

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Business Overview:

A franchise ice cream shop with a brand name of almost four decades located in one of the busiest intersections in South Fort Worth is available for acquisition. This business was originally established by the current owners in 2008 and has seen steady growth, and the owners are looking to retire (the only setback was in 2020 due to Covid). Revenue has been increasing as Covid subsides and as the surrounding areas are growing rapidly. The business is currently averaging 400k/year in sales (2022 revenue is on track to increase by 10%). Although corporate marketing is in place to help the business, other proactive marketing methods within the local area will benefit the future growth of cash flow and acquisition of new customers from untapped areas within the city and surrounding areas. A new owner that is more familiar with current marketing trends and utilization of online marketing proactively can increase revenue tremendously. Competition can be expected for many franchise businesses but, there is no competitor within the immediate market area with a high-quality product with a strong brand name like this business. The key to growing this business will be maintaining quality with excellent customer service while actively marketing through online ads, social media, corporate or catering accounts and local advertisement. This business has everything (Location, location, location, as its located in one of busiest intersections of the area surrounded by many prominent national retail stores, and a great recognizable brand name) for a new owner with more energy to take over and take it to the next level.

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Property Features and Assets:

This business is in a 1089 SF Retail Endcap space with outdoor seating and anchored and surrounded by many prominent national and regional retailers with high visibility from the street and is easily accessible. The intersection this retail strip is located in is surrounded by many national and regional retail brands that bring in a tremendous amount of foot traffic. All equipment is in impeccable condition and working order. / Inventory: $10,000 (Included in listed price).

Market Competition and Expansion:

Competition: Competition is expected given the location and nature of the business but although the competitions sell ice cream, none have the product quality like this or the brand recognition of almost four decades. / Growth and Expansion: Expandintg corporate customers for large quantity orders, and more proactive online marketing such as social media, and implement a loyalty program,

Reason for Selling:

Retirement

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.

Documents:

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