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Fast Growing National Franchise Ice Cream Store

Location  Texas,United States
Asking Price Range  < $250K
Gross Revenues  $176063
Net Profit / Cash Flow  $61177
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1998
Number of Employees  6 - 9
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Training  Seller will train new owner for a smooth transition and franchisor will provide comprehensive training.
Reason for Sale  Current owner wants to focus on one store which is close to his resident.
Description  Fast growing national franchise ice cream store located in high end mid-cities of DFW is now available for acquisition. Occupied in an approx. 1,245 SF of retail shopping center, it has been totally and gorgeously renovated and updated in 2009. Since the renovation, the store has been growing every year in a fast pace, and it needs more marketing to capitalize this momentum. A huge high school located right behind the store has 4,000 students which should be marketed in order to accelerate the current growth. It offers traditional ice cream, various shakes, ice cream cakes, all made fresh in house. The strong product mix is competitive advantage to any competitions around here. The ice cream shop has secured a long-term lease up until 2024 including its renewal option. This is a great opportunity to acquire a fast growing national franchise ice cream store located in high-end mid-cities of DFW. Asking: $69,999 Furniture, Fixtures & Equipment: $50,000 (Included in listed price) Inventory: $5,000 (Included in listed price) Financing: 100% cash at closing Facilities: Totally and beautifully renovated and updated by current owner upon re-grand opening in 2009. All equipments are in excellent condition. Up to date according to Franchisor's standard. Competition: One direct competitor (traditional ice cream store) was found in this area. Growth And Expansion: As the store is located right behind a huge high school that has 4,000 students, proactive marketing that targets these students should be executed. Currently, no marketing is being done to the school. Internet marketing thru Groupon has brought a good rate of return and should be done continuously. Primary Phone: 972-247-3202 or 866-519-2421
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