Coney Island Franchise Ice Cream Shop! 49k Down

NOT DISCLOSED, New York

Asking Price $99,000 Year Established 2021
Annual Revenue $200,000 Reason for Selling Other Interests  
Annual P/L Attention Elliot Dweck
Annual Cash Flow Listing Number 659810  
# of Employees 1 Business Category Food & Beverage: Coffee, Cafe, Dessert

Business Overview:

Coney Island Franchise Ice Cream Shop! Only $75k Down!Franchise ice cream shop on the best block in Coney Island. The owners spent over 200k building out the shop just 2 years ago and it remains in mint condition. Annual revenue is 200k (with 77% margins!) and they currently do no delivery or catering so there is a tremendous opportunity to easily increase sales. There is a well known restaurant, that will seat 300 people, that that is moving in on top of the shop which will drive a lot of traffic to the shop as people will naturally have some delicious ice cream for dessert after their meal. The nice part about this business is that you can make a nice living only working 8 months a year as the shop is closed during the winter months. ***Included in the sale are exclusive rights to open additional stores in New York.***

Property Features and Assets:

Monthly Rent: $7,500.00 Lease Expiration Date: December 31, 2037, 12:00:00 AM Terms Options: 9 Years Left on Lease 5 Year Option

Market Competition and Expansion:

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is a franchise resale opportunity

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