Italian Ice Franchise For Sale

Listing ID: 700200159

Listing Title: Italian Ice Franchise For Sale

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Industry: Food and Beverage

Industry Segment: Other Food and Beverage

Country: United States

State / Province: New York


City: Suffolk County

Asking Price Range: < $250K

Gross Revenues: $278,437

Cash Flow: $113,257

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2009

Number of Employees: 1 - 3

Business Description:
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

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