Water Ice Franchise Netting $100K with 10% Down

Business
  • Listing# : 18056
  • Listed Price : $289,000
  • Total Sales : $272,914
  • SIC : 2024
  • Down Payment : $28,900
  • Status : Active
  • Discretionary Earnings : $100,166

Business Type :

Ice Cream/Yogurt/Ice / Flavored Ice

Business Description :

This business has been pre-qualified for a loan with buyer only needing 10% down ($28,900). Buyer would take home after paying debt service $56,000. Buyer would earn their down deposit back within 4 months of the season!

This very well known water ice franchise is simple, fun and seasonal business. You don’t need to go to school to learn how to serve customers, Water Ice Custard and happiness!, All you have to do is be polite, have a clean facility and want to increase your business. The product speaks for itself! This water ice franchise has been successful and proven for 40 years. Limited menu, not dealing with fryers, ovens, hoods or any sophisticated equipment! It’s easy to find staff as they receive hundreds of applications each year and get to choose who they want to hire.  Stable Business (been there for 30 plus years), Continued Growth in Sales, More opportunity with Catering with businesses and schools, Easy to operate, Enjoyable business and Best of All its Seasonal (You get to relax or go away from October to March. Owner is overseeing the business and now looking to retire.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $3,000
    • Incl : No
    • Liabilities $0
    • Incl :
    • FF&E $130,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $80,000
    • Incl : Yes
    • Total Assets $210,000
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Ice Cream/Yogurt/Ice