Water Ice Biz Netting $83k in 7 Mos.-Only 10% Down

Not Disclosed, PA
Philadelphia County


Asking Price: Annual Revenue:
$285,000 $430,436

Food & Beverage: Coffee, Cafe, Dessert


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RE: Water Ice Biz Netting $83k in 7 Mos.-Only 10% Down Broker: Joseph Chiarello

Quick Facts

Asking Price: $285,000
Annual Revenue: $430,436
Net Profit: Not Disclosed
Cash Flow: $83,866
Total Debt: Not Disclosed
FF&E: $160,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 13
BBN Listing #: 23134955
Broker Reference #: 2702-17505

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Business Overview:

ONLY 10% DOWN NEEDED, LENDER PRE-QUALFIIED - Store making over $83,000 net income! Put down $28,500 (10%) to purchase this business and after debt service for first year you will make $40,000 IN THE 7 MONTHS THAT IT'S OPEN!! You will get your down deposit back in 5 months!!

This Water Ice business is a place for families to gather. A very well known franchise to the community and easy to operate. The best part about this business is it's only open for 7 months out of the year! Turnkey Business. The current owner oversees the operations, has a manager in place and has it fully staffed during the season. Store has been in operation over 20 years, very well known by the community. Good Street visibility and plenty of parking. Friendly and loyal customers. OWNER IS RETIRING!

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Property Features and Assets:

Assets = $260,000

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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