Price Reduced! Turn-Key Frozen Treats & Restaurant Business For Sale

Scott County, IA

Price Reduced! Turn-Key Frozen Treats & Restaurant Business For Sale
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Asking Price: $230,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $119,953

Inventory: $11,990

Rent: $4,000 /Month

Established: 1980

Price Reduced! Turn-Key Frozen Treats & Restaurant Business For Sale

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Business Description

Price Reduced- Serious Seller! Here is a great business opportunity to own two turn-key, well-known frozen treat establishments that are for sale in the Midwest! These established businesses for sale have been in operation since 1980 and are located an approximate 20 minute-drive apart. Along with their ice cream, they also serve a variety of other food favorites. These businesses are generating revenue year-round and are gaining efficiencies that are continuing to strengthen the bottom line. Owning and operating two locations that serve two different markets has provided the owners with cost efficiencies. Buyer qualifications would include management and people skills. Someone who has the drive to continue to grow a business while having fun and making people smile. The stores are franchised, therefore the sale is subject to the buyer being approved as a franchisee for this organization. The franchisor will expect the buyer to meet certain financial requirements for minimum operating capital and net worth. Store management and operations training are provided and required before final franchise approval. The seller will provide a training and transition period to a new owner. All furniture, fixtures and equipment as well as inventory will be included in the sale. A confidentiality agreement/non-disclosure will be required before detailed information is disclosed.

Detailed Information

Location:
Scott County, IA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,675
Lease Expiration:
1/31/2021
Employees:
3 ft/ 16 pt
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Reason for Selling:
Pursue Other Interests
Franchise:
This business is an established franchise
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Megan Cox

Business Listed By:
Megan Cox

Sunbelt Business Brokers of the Quad Cit

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Sponsoring Broker:
Milton Anderson, CBI

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