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Absentee Ice Cream Franchise

Gilbert, Arizona (Maricopa County)

Retail - Other Eating & Drinking Places

Asking Price $290,000 Inventory $2,000* 
Gross Income $312,450 Real Estate  
Cash Flow $54,500 Year Established 1995
FF&E $150,000* Employees 10

* included in the asking price

** not included in the asking price

This Absentee owned ice cream franchise is located in a very desirous, high per capita area with little competition. More advertising and promotion can be done to increase sales and profits even further. This is a well-managed operation that is easyy to run. There is great support from the franchiser, and seller is willing to carry 50% of the asking price in the form of a carry-back note at 7.0% interest.

Facilities: Leases approx. 1200 square feet at $3,100 per month including all CAM charges. Lease renews in three years witwh two five-year options to extend.

Competition: Only one other competitor in the area

Growth/Expansion: Yes - see seller for information

Financing: $145,000 down and seller will finance at 7.0%

Support/Training: 80 yours with the Franchiser 40 hours with the selller

Reason Selling: Other investments

AD # 373626

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