Established National Ice Cream Franchise For Sale
Location:
United States
->
Mississippi
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Hattiesburg
Industry: Food and Beverage > Other Food and Beverage
Business Summary
My wife and I are retiring after owning this business for 25+ years, and we would like to sell our business to an individual or family that can run daily operations and make a very good living. The franchise fee is good through June of 2010, and the current lease is also good through 2010, with a 5-year option to renew. The positive cash-flow of the business, today, is low due to 60% of the operating cost being Labor. Eliminating a large portion of this expense will significantly improve the NOI.
The asking price is $75,000. Please contact us for more information on this ice-cream franchise for sale.
Financials
Asking Price Range: < $250K
Gross Revenues:
$295,000
Cash Flow:
$20,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $70,000
Seller Financing: No
About The Business
Year Established: 1982
Number of Employees: 6 - 9
Relocatable: No
Franchise: Yes
Current Real Estate: Leased
Property: Property For Not Applicable
About The Sale
Management Training and Support: Provided by franchise headquarters.
Reason For Selling: Retiring.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Other Food and Beverage business for sale.
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Print Listing Id: 70071824
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