Famous Ice Cream Business
Location:
United States
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Tennessee
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Chattanooga
Industry: Food and Beverage > Other Food and Beverage
Business Summary
One of America's favorite QSR's is being offered for an incredible price of $275,000. Current owner/operator sees a consistent six figure income, could be acquired and run absentee by hiring a manager and still realize a $100,000 yr. profit! Brand new POS system and hands-free drive through system were installed in 2007. Great cash flow to purchase ratio. Rent factor of only 4% and pride of ownership offered in a great small town only 30 mins. from Chattanooga, TN. Purchase price includes all FF & E and two weeks owner training for the buyer of this beloved Royal Ice-Cream Franchise. For Non-Disclosure/C.A. or more information on this Ice Cream business for sale, email or call 423-566-5575.
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$491,000
Cash Flow:
$140,000
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Yes
About The Business
Year Established: 1988
Number of Employees: 6 - 9
Relocatable: No
Franchise: Yes
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: 4 weeks corporate/ 2 weeks owner.
Reason For Selling: Retirement.
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: 70093348
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