Popular Ice Cream Franchise-10% Down Net $100K

Not Disclosed, PA
Montgomery County

Montgomery County


Asking Price: Annual Revenue:
$310,000 $342,304

Food & Beverage: Coffee, Cafe, Dessert


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RE: Popular Ice Cream Franchise-10% Down Net $100K Broker: Joseph Chiarello

Quick Facts

Asking Price: $310,000
Annual Revenue: $342,304
Net Profit: Not Disclosed
Cash Flow: $103,804
Total Debt: Not Disclosed
FF&E: $130,000
Real Estate: Not Disclosed
Year Established: 1976
Employees: 14
BBN Listing #: 62964955
Broker Reference #: 2702-17211

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Business Overview:

This business has been pre-qualified for a loan with buyer only needing 10% down ($31,000). Buyer would take home after paying debt service $61,000. Buyer would earn their down deposit back within 4.5 months!

This is a very popular and well known franchise Ice Cream business that has been in the family for over 46 years but owners are ready to retire. The best part of this Ice Cream business is it's only open for 8 months of the year and closed the other 4 months!! The business in the 8 months net income for a buyer and would earn over $100,000 for an owner operator! This is a very simple business to run!

They offer soft serve ice cream, cups, cones, sundaes and more. This is a happy place for families to visit for a treat.

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Property Features and Assets:

Assets = $230,000

Reason for Selling:

Retirement.

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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