Very Profitable Popular Ice Cream Shoppe!

Passaic, NJ (Passaic County)

Very Profitable Popular Ice Cream Shoppe!
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Asking Price: Get Financing: $299,000

Cash Flow: N/A

Gross Revenue: $438,822

EBITDA: N/A

FF&E: $80,000

Inventory: N/A

Established: 1983

Very Profitable Popular Ice Cream Shoppe!

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Business Description

1,125 square feet. Approximately 900 sq. ft. inside the store along with approximately 225 directly out back (partially enclosed area). 6 spaces along with room for one other car in their own lot. Metered parking on the street. Owners have 6 years left on their lease. A new qualified owner can get a minimum of 6 years with a pretty good chance to get a longer lease if so desired.

Detailed Information

Employees:
8 P/T
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1,125 square feet. Approximately 900 sq. ft. inside the store along with approximately 225 directly out back (partially enclosed area). 6 spaces along with room for one other care in their own lot. Metered parking on the street. Owners have 6 years left on their lease. A new qualified owner can at minimum of 6 years with a pretty good chance to get a longer lease if so desired.
Competition:
There’s only one ice cream shop, but it’s a good mile away in the next town. There’s several in a different neighboring town. Though most of them are “chain” shops, and most are a bit further away.
Growth & Expansion:
Since this shop has a wide array of menu items including deli and hot food mentioned above, the only thing a new owner could do to expand it to offer delivery service within their town.
Support & Training:
A minimum of 2 weeks training at no cost to the Buyer.
Reason for Selling:
The two owners are both retiring.
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(from currently available funds)
 
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Seth Kain

Business Listed By:
Seth Kain

Executive Business Brokers

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Sponsoring Broker:
Larry Bodner


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