Profitable Semi-Absentee Opportunity!

Bergen County, NJ

Profitable Semi-Absentee Opportunity!
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Asking Price: $475,000

Cash Flow: $172,686

Gross Revenue: $406,158

EBITDA: N/A

FF&E: $15,000

Inventory: $3,000

Real Estate: N/A

Established: 2011

Profitable Semi-Absentee Opportunity!

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Business Description

Homemade Italian Ice/Ice Cream Franchise! Two popular locations PLUS a Concession Business. Business includes two great store locations in Northern NJ, plus a concession trailer and cart. Business currently operates seasonally from March through October. It has the ability to run all year or to transition into additional seasonal options. Currently contracted during off season for school deliveries while retail shop is closed. Great business for semi absentee ownership or someone that wants winters off!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
880
Employees:
2 FT/12 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Two great locations in premier towns. One is 880 square feet and the other is 800 square feet with long term, stable leases in place. Dine-in, take-out and outdoor seating available. Additionally, Concession trailer and Cart are available for inside or outside events. These shops are renovated, well maintained and in excellent condition.
Competition:
Established franchise ice cream competitors in town but this is the only Italian Ice location in town so it stands out above the competition. It shows in the numbers since the business has grown every year since inception.
Growth & Expansion:
Potential for growth includes the addition of corporate accounts, territory expansion and additional stores.
Support & Training:
Will train for 2 weeks @ no cost. Over 80 flavors of Italian Ice and Ice Cream along with specialty ice treats/cakes. Cash Only business and all ice products are purchased through the franchisor so NO franchise royalties are charged. Very unique opportunity in the franchise market to not have royalty expenses.
Reason for Selling:
The owners are ready to sell to a committed owner.
Franchise:
This business is an established franchise
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Daz Connell

Business Listed By:
Daz Connell

Murphy Business & Financial Corporation

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