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Water Ice Biz Netting $92k in 7 Mos.-Only 10% Down

Water Ice Biz Netting $92k in 7 Mos.-Only 10% Down

This Listing is Closed

Water Ice Biz Netting $92k in 7 Mos.-Only 10% Down

Business Type: Ice Cream/Yogurt/Ice / Flavored Ice


    • Listing# : 17505
    • Listed Price : $285,000
    • Total Sales : $535,346
    • SIC : 5812
    • Down Payment : $28,500
    • Status : Closed
    • Discretionary Earnings : $92,097

Business Type

Ice Cream/Yogurt/Ice / Flavored Ice

Business Description

ONLY 10% DOWN NEEDED, LENDER PRE-QUALFIIED - Store making over $92,000 net income! Put down $28,500 (10%) to purchase this business and after debt service for first year you will make $49,000 IN THE 6.5 MONTHS THAT IT'S OPEN!! You will get your down deposit back in 5 months!! This Water Ice business is a place for families to gather.  A very well known franchise to the community and easy to operate. The best part about this business is it's only open for 7 months out of the year!  Turnkey Business. The current owner oversees the operations, has a manager in place and has it fully staffed during the season. Store has been in operation over 20 years, very well known by the community. Good Street visibility and plenty of parking.  Friendly and loyal customers. OWNER IS RETIRING!


Assets / Liabilities

    • Accounts Receivable: $0
    • Incl:
    • Real Estate: $0
    • Incl:
    • Inventory: $5,000
    • Incl: No
    • Liabilities: $0
    • Incl:
    • FF&E: $160,000
    • Incl: Yes
    • Other: $0
    • Incl:
    • Leasehold: $100,000
    • Incl: Yes
    • Total Assets: $260,000
    • Incl: Yes

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Assets / Liabilities

    • Accounts Receivable: $0
    • Incl:
    • Real Estate: $0
    • Incl:
    • Inventory: $5,000
    • Incl: No
    • Liabilities: $0
    • Incl:
    • FF&E: $160,000
    • Incl: Yes
    • Other: $0
    • Incl:
    • Leasehold: $100,000
    • Incl: Yes
    • Total Assets: $260,000
    • Incl: Yes

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