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Nitrogen Ice Cream Franchise in Woodlands

The Woodlands, TX (Harris County)

Nitrogen Ice Cream Franchise in Woodlands
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Asking Price: $52,000

Cash Flow: N/A

Gross Revenue: $230,000

EBITDA: N/A

FF&E: $100,000

Inventory: $4,000

Rent: $4,900 /Month

Established: 2018

Nitrogen Ice Cream Franchise in Woodlands

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Business Description

Priced below asset value. Opened in June 2018, this national nitrogen ice cream franchise is ideally situated on the southern border of The Woodlands. Over $300K invested in build out of this first generation space. Equipment about a year old and in excellent condition. Due to owners having corporate full-time jobs, the business is not profitable. There's a huge potential to make this business profitable by advertising and catering (weddings, schools, and sporting events). As absentee ran, gross revenues projected to be $220-240K this year. Full-time manager in place and 6 PTs deliver hand-crafted ice cream to customers all year long using only the highest quality ingredients and flash freezing them with liquid nitrogen. Great online reviews. Recently added food delivery service. Surrounded by established community and high end residential in a densely populated area. Rent includes CAM & water and has 5 yr renewal option. This is your opportunity to step into a fast growing national franchise at below startup costs!

Detailed Information

Location:
The Woodlands, TX
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,400
Lease Expiration:
5/31/2023
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Franchisor training provided. Royalty 6%, Advertising 2%.
Reason for Selling:
Both owners have busy jobs and do not have time to devote to growing business
Franchise:
This business is an established franchise
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David Chavaria

Business Listed By:
David Chavaria

Forbes International Business Real Estate

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