20+ Year Established Free Standing Ice Cream Shop, In High Growth Area
Asking Price: | $575,000 |
Gross Revenue: | $436,000 |
Rent: | $5,200/Month |
FF&E: | $80,000 |
Cash Flow: | $127,000 |
Inventory: | $50,000 |
EBITDA: | $508,000 |
Established Year: | 2002 |
Fantastic cash flow, exploding growth in local area.
More than 20 years in business, this free-standing ice cream concept has fantastic frontage visibility, good cash flow, and a solid following. Purchase includes all existing inventory (set $50k) and all equipment. The building was custom built for the purpose and has been completely paid for. There is an ongoing land lease for the spot with 4 years of lease agreement remaining. (7/23). Owner will consider some financing.
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