Well Known Water Ice Franchise-5 locations 10% Down

Business
  • Listing# : 18008
  • Listed Price : $900,000
  • Total Sales : $1,307,202
  • SIC : 2024
  • Down Payment : $90,000
  • Status : Active
  • Discretionary Earnings : $298,219

Business Type :

Ice Cream/Yogurt/Ice / Flavored Ice

Business Description :

ONLY 10% DOWN NEEDED, LENDER PRE-QUALIFIED - Stores making over $298,000 net income combined! Put down $90,000 (10%) to purchase these stores and after debt service for first year you will make $159,148 IN THE 7 MONTHS THAT IT'S OPEN!! You will get your down deposit back in 4 months during the season!

These 5 well know franchise water ice locations are all within 10-mile radius. Three locations are stores, one location is in an amusement park and the other one is in a baseball stadium. One of the stores has a pizza place inside with the water ice store and comes as part of it. 

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 managers in place and has it fully staffed during the season.  OWNER IS RETIRING! Buyer will be responsible for all transfer fee's to the franchisor.


Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $25,000
    • Incl : No
    • Liabilities $0
    • Incl :
    • FF&E $340,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $255,000
    • Incl : Yes
    • Total Assets $595,000
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Ice Cream/Yogurt/Ice