Two Highly-Profitable Premium Ice Cream Franchises in Richmond

Chesterfield County, VA

Two Highly-Profitable Premium Ice Cream Franchises in Richmond
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Asking Price: Get Financing: $449,000

Cash Flow: $200,302

Gross Revenue: $682,000

EBITDA: N/A

FF&E: $59,134

Inventory: $10,000

Lease Rate: N/A /SF

Established: 2001

Two Highly-Profitable Premium Ice Cream Franchises in Richmond

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Business Description

This is a great opportunity to own TWO turn-key, thriving, premium ice cream franchises in the Richmond area. As new ice cream and yogurt shops have come and gone over the years, these shops have been consistently serving cool treats for 17 years straight! A loyal customer base has come to appreciate the exceptional ice cream that is made onsite every day with only the finest ingredients, not mixes simply dumped into a machine. These stores are about 10 minutes apart, and are priced as a package, but seller will consider splitting up. Strong franchisor support and a protected territory. Owner works part time and splits his time between stores. Open year-round, but business is seasonal with additional fully-trained part-time employees added during the warmer months.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
2 FT/5 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The stand-alone modular buildings are located in upscale retail centers in fast-growing residential communities. Both properties are available for lease or sale with the business. Real Estate details will be managed by KW Commercial.
Competition:
There are several other purveyors of ice cream (or yogurt) in the area, but none with the tenure and reputation for quality.
Growth & Expansion:
Significant potential for growth by expanding into the mobile event business.
Financing:
Lender pre-screened w/ $89,800 Down.
Support & Training:
Will train for 2 weeks @ no cost. Buyer needs only a business license and a passion for serving customers. Will need to be vetted and approved by franchisor to ensure a good fit with strong organizational culture. Owner and franchisor will provide complete training.
Reason for Selling:
Owner is retiring.
Franchise:
This business is an established franchise
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Contact the Seller

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Michael Metzger, CBI

Business Listed By:
Michael Metzger

Murphy Business & Financial Corporation, LLC

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.


Listing Statistics for Premium Members

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