Return to broker profile

Absentee-Owned Ice Cream Store in Mobile, AL for only $79,000

Mobile, AL (Mobile County)

Absentee-Owned Ice Cream Store in Mobile, AL for only $79,000
Contact Seller

Asking Price: $79,000

Cash Flow: $300,000

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Absentee-Owned Ice Cream Store in Mobile, AL for only $79,000

Save Print Share Valuation Report

Business Description

Please do not speak to any employees because the seller relies on his employees to run the store. Seller will not do a deal with you if any employees become aware that the business is for sale.

Absentee-Owned! Profitable independent ice cream store! No franchise royalties or transfer fees! Perfect for an owner-operator.

Yearly Revenue is approximately $144,000 or $12,000 per month! Seller started the business from nothing 1 year ago and the business is already profitable! Seller is selling to make more time for their family.

Net profit is nearly $60,000 for the first year in business AFTER paying all expenses, rent, and a payroll of $36,000 per year! An owner-operator can generate nearly $100,000 in income working at the store!

3-year renewable lease available. Rental increase is $100 every year. Total rent including CAM and water is extremely low at only $1,400 per month!

Incredible hours! Business is only open Monday thru Thursday 12pm to 9pm and Friday thru Sunday 12pm to 10pm!

Absentee-Owned! Sellers only do payroll and paperwork for the store. Currently 4 part-time employees and 1 shift manager on payroll.

Store can easily accommodate hot food in the business. The space originally had a restaurant prior to the ice cream store! There is a grease trap and a hood can easily be installed!

Located in a popular shopping plaza surrounded by schools, banks, and major retail stores.

Asking Price: $79,000 + inventory. Inventory is approximately $3,000.

If interested, please call us anytime at (770) 415-9940.

Detailed Information

Location:
Mobile, AL
Facilities:
The space originally had a restaurant prior to the ice cream store! There is a grease trap and a hood can easily be installed!
Competition:
Located in a popular shopping plaza surrounded by schools, banks, and major retail stores.
Contact Seller

Contact the Seller

Contact Seller Loading

Kavita Purohit

Business Listed By:
Kavita Purohit

River Brokers Real Estate

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1677586 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Smokin Oak Wood-Fired Pizza

Franchise Opportunity In AL
Cash Required: $150,000