Italian Ices & Frozen Custard Franchise in Bklyn - 27117

Kings County, NY

Seller Financing Available
Italian Ices & Frozen Custard Franchise in Bklyn   - 27117
Contact Seller

Asking Price: $350,000

Cash Flow: $79,815

Gross Revenue: $525,000

EBITDA: N/A

FF&E: $70,000

Inventory: $10,000*

Established: N/A

*not included in asking price.

Italian Ices & Frozen Custard Franchise in Bklyn - 27117

Save Print Share Valuation Report

Business Description

Location, location, location is key to this Italian ices and frozen custard franchise's growing success. Open from April through October and right next to a world-famous attraction in Brooklyn, customers from all walks of life come from far and wide to savor this store's cool treats. - In order to maintain its nationally recognized Kosher certification, the Jewish sellers are required to be closed for business on Friday nights, Saturday days, and on many other Jewish observance days. HOWEVER, a new non-Jewish owner could remain open whenever he wants and still be in compliance with this certification. The sellers calculate that this new owner would experience a Big Bump Up in Revenues from being open for business during these times, when special events are almost always taking place and attracting extra big crowds. - The sellers own the franchise rights for 3 other prime locations. Altogether they paid $300K upfront for these rights and the construction of the store, which is fully decked out with the best in refrigeration and ice & custard making equipment. - Currently run absentee by one full-time day manager and one full-time night manager, you can increase profits by being more hands-on and cutting payroll costs.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Detailed Information

Location:
Kings County, NY
Inventory:
Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
275,000.00 Down & Seller will finance $125,000 at 8% over 36 months
Support & Training:
Attention Business Owners:
Reason for Selling:
Other interests
Contact Seller

Contact the Seller

Contact Seller Loading

Vested Business Brokers, Ltd

Business Listed By:
Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1191234 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


Lemonshark Poke

Franchise Opportunity
Cash Required: $70,000