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Italian Ice Franchise For Sale
Location: United States -> New York -> Suffolk County
Industry: Food and Beverage > Other Food and Beverage




Business Summary

This is the best known Italian Ice franchise on LI. It is very difficult to find a location for sale. This is a unique opportunity. Once you can get one location it creates opportunities to buy multiple units. This is a great seasonal business ideal for ''snow-birds'' or a family. The season typically runs 9 months, from March to November. They currently offer Italian Ices and soft serve ice cream. A new owner can add t-shirts, candy, hot dogs, etc. This location grossed approx. $256,624,000.00 in the 2012 season with a cash flow of approx. $113,257.00 for a part-time owner.

The current owner has had this location for 6 years. They have 4.5 years remaining on the current lease with standard increases. Please keep in mind that there is a transfer fee of $7,500 that is NOT included in the asking price. We are looking for a serious buyer with at least $250K in liquid capital. If you fit the criterion please call or email Mel Vaz today at 1-877-735-5224


Financials

Asking Price Range:  < $250K
Gross Revenues:   $278,437
Cash Flow:   $113,257
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  2009
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Seller will train
Reason For Selling:  Personal

Photos

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Italian Ice Franchise For Sale Photo 1




Print Listing Id: 700200159
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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