Retail - Other Eating & Drinking Places | Retail - Other Food Stores

Asking Price	$149,000	Inventory	$6,500**
Gross Income	$144,000	Real Estate
Cash Flow	Not Disclosed	Year Established	2006
FF&E	$100,000*	Employees	4

* included in the asking price

** not included in the asking price

This business doesn't work well with absentee owners. This is a big part of the problem with the current ownership structure. Current owner is ready to make a deal with a buyer that will operate the store the way it should be managed. The CARVEL brand has been around since 1934 and has stood the test of time, as a franchise operating system. But as with any franchise, the system MUST be followed to be successful. Nobody makes a better ice cream cake, fresh, to order!

Facilities: Resale of a franchised Ice Cream shop - opened a little more than 2 years ago and still growing in sales volume, this could be your diamond in the rough! This store requires a working hands-on owner (husband/wife even better) that is welling to following the proven operating system. You can benefit from the fact that much of the hard work and expense have been completed. You will have a operating business that looks great, and is producing income from day one. When this store was built,every equipment up-grade possible was built-in.

Competition: There is no immediate competition doing what CARVEL does best. This Carvel shop is in a free-standing building shared with only one other business (also owner by seller) and he is willing to cross promote with the new owner. Plenty of parking with great visablity from street. Easy in and out from major street.

Growth/Expansion: This store is still growing in volume. This type of retail, really requires a hands-on owner operator that can provide great customer service day after day. The stores within the system historically do $250,000 to $350,000 per year in sales, with an average net profit around 25% pre-tax. Store has more than 8,000 vehicles by it every day.

Financing: Seller will provide financing with reasonable down payment

Support/Training: Franchisor provided upon new buyer qualification, at Corporate headquarters training center. Seller will provide full due diligence and transition assistance. Buyer must have franchisor approval.

Reason Selling: Other business interest