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Popular Franchise in Established Location

Downingtown, PA
Front Serving Windows
Front Serving Windows
Asking Price:$151,000
Gross Revenue:$147,500
Rent:$21/SF/Year
FF&E:$38,500
Cash Flow:$28,050
Inventory:$5,600
EBITDA:$28,050
Established Year:2016
Listing ID: 2281442Listing provided by BizBuySell
BUSINESS DESCRIPTION

10 years in Downingtown, PA

Established in 2016, the Pelican's SnoBalls franchise in Downingtown, PA is a seasonal business (typically open March thru October) entering its 10th season in 2025. Well loved in the community, we offer New Orlean's Style Shaved Ice -- called a SnoBall -- as well as delicious soft serve ice cream that can be added to a SnoBall, served in a cup or cone, or in the new "Pelishake" product launched in 2024.

Walk up service windows with ample parking and outdoor seating and backyard play areas that include cornhole, tetherball and other activities to keep kids occupied during a family outing. Most equipment was upgraded new in 2023, along with a top of the line Taylor C723 three flavor (vanilla, chocolate and twist options) gravity fed soft serve machine.

Current cost of a new franchise license is $25,000. Existing franchise license will transfer with the sale at a negotiated value.

Property leased through March 2028.

DETAILED INFORMATION
Location
Downingtown, PA
Inventory
Included in asking price
Real Estate
Leased
Lease Expiration
29/02/2028
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All assets, FF&E, inventory and Franchise license (currently costing $25,000 for a new franchise) are included in Asking Price. Existing employees will also transfer with sale.
Competition
The Downingtown/Chester County market has seen steady growth in population, diversity and income over the last 10 years. Despite several competitors offering seasonal ice and ice cream treats in the surrounding area, Pelican's SnoBalls Downingtown achieves consistent average sales and is entering it's 10th season.
Growth & Expansion
Pelican's SnoBalls offers growth and expansion opportunities as the Downingtown location is the only franchise within a 100 mile radius. New ownership with a longer time horizion could establish a multi-unit business.Opportunities at this location can include growing the event side of business and more concerted use of social media to engage loyal customer base than current owner.
Support & Training
Corportate training provided and seller will be available for location specific training as needed for up to 3 months after sale (negotiable).
Reason for Selling
Retirement
Franchise
This business is an established franchise
BUSINESS LOCATION
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James Hughes
Phone Number
James Hughes
Call Phone