Italian Ice Kiosk, multiple cities

Bay County, FL

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Asking Price: $495,000

Cash Flow: $227,268

Gross Revenue: $530,528

EBITDA: N/A

FF&E: $150,000

Inventory: $3,000

Rent: $7,583.33 /Month

Established: 2008

Italian Ice Kiosk, multiple cities

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Business Description

The perfect in season business (means you are off several months), Kiosk operate Mid March to first week in September (after Labor Day). Offering high profits, this business can easily pay for itself in 5 years with around $100k in funds for buyer - more if the buyer works in the business.
Each Kiosk has POS system and a freezer. ice is moved between locations in same area by golf cart and transported by vehicle to longer distance locations.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
10
Lease Expiration:
N/A
Employees:
20 leased
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
locations are kiosk in high tourist areas, rent includes electric and water. the company uses a storage facility, rent is $4500 a year and includes Electric for the freezer.
Competition:
no real competition in the areas they operate (they are exclusive).
Growth & Expansion:
Market expansion is limited by how many locations you can secure in areas like on the beach and in high traffic shopping areas
Support & Training:
sellers will train as agreed to in purchase agreement
Reason for Selling:
other interest
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(from currently available funds)
 
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Lewis Floyd

Business Listed By:
Lewis Floyd

Bus Val Consulting, Media Mergers, Grimes, McGovern & Assoc

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