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Ice Cream Franchise Stores - 5 Stores
Location: United States -> New York -> New York City Area -> New York City
Industry: Food and Beverage > Other Food and Beverage




Business Summary

Asking Price: $995,000 Tremendous opportunity to own five (5) major brand ice cream franchise stores; all conveniently located within a 20 mile radius. All the stores are in great locations with excellent visibility: (1) 2 stores (White Plains, NY and Yonkers, NY) are located in major shopping plazas; (2) 2 stores (Greenwich, CT and Queens, NY) are located on major commercial streets, and (3) one store (Bronx, NY) is located in a multi-building residential apartment complex. The stores were opened in the following years: 1982 (White Plains, NY area and Greenwich, CT area); 1990 (Yonkers, NY); 1994 (Queens, NY); and 2006 (Bronx, NY). The owner has developed an extremely well-run operation with loyal employees. The asking price is well justified by the franchises' well known brand name, excellent reputation, and the great cash flow ($500,000) consistently produced by the stores. This is an excellent opportunity for a newcomer or someone with an ice cream or restaurant franchise background to step into an extremely profitable and well run five (5) franchise store operation. Contact for more information on these Ice Cream franchises for sale.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,765,000
Cash Flow:   $500,000
Cash Flow Type:  EBITDA
Inventory:  $500,000
Seller Financing:  Yes

About The Business

Year Established:  1982
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Seller is willing to help with the transition.
Reason For Selling:  Owner is retiring.




Print Listing Id: 70078728
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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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