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Bulk And Novelty Ice Cream Manufacturer
Location: United States -> Rhode Island -> Kent County
Industry: Manufacturing > Other Manufacturing




Business Summary

Well located and equiped ,boutique manufacturer with active wholesale client list. This business is operating at 1/3rd of its capacity in its current location. Owner .will also sell single story income producing building. Ice Cream retail business is seasonal. There is a good deal of growth that could be generated in this business. It would make an attractive add-on to a confection business. The manufacturing business can be purchased for $98,000 and the retail may be purchased for $28,000. The income producing real estate has an asking price of $420,000 SA prospect who wanted only the manufacturing which is less labor intensive can lease out the retail ice cream. An additional tenant in this attractive facility pays rent of $1,400 per month. The retail entity should bring approximately the same amount.
This is an extremely well priced opportunity.Buy or lease the property
Reason for sale is retirement
Email or call Hewitt, Newton Associates at 401-463-6950 for more information on this Ice Cream Manufacturing business for sale.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $160,000
Cash Flow:   $40,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $78,000
Seller Financing:  Yes

About The Business

Year Established:  1955
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  As needed.
Reason For Selling:  professorship




Print Listing Id: 700122841
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