Ice Cream Stores for Sale
Chicago
Retail Ice Cream Stores
for Sale - $499,000
Now is the time to buy this type of business. On any given day there is a line out the door.
There
are 2
main reasons for this:
1) They have a wonderful product that tastes great, especially on a hot day and the product they serve is low in calories, unlike their competitors.
2) Both businesses are in prime Chicago locations.
Now is the time to buy this type of business. On any given day there is a line out the door.
There
are 2
main reasons for this: 1) They have a wonderful product that tastes great, especially on a hot day and the product they serve is low in calories, unlike their competitors.
2) Both businesses are in prime Chicago locations.
Other
important details about these businesses include: The current owner is
an absentee owner. This is great news for a buyer
because there are
plenty of "areas of opportunity" due to the fact the owner isn't there
to keep an eye on things.
Both locations are very profitable, even with an owner that is not involved in the day to day operations. These businesses have a "Franchise look and feel" to them without all the royalty fees associated with franchises.
This is a true "turn key" opportunity.
Currently, there is a manager running the day to day operations and that person is willing to stay and help expand the business. Another important detail is that the current owner isn't doing much advertising at all and yet the businesses are very profitable.
Both locations are very profitable, even with an owner that is not involved in the day to day operations. These businesses have a "Franchise look and feel" to them without all the royalty fees associated with franchises.
This is a true "turn key" opportunity.
Currently, there is a manager running the day to day operations and that person is willing to stay and help expand the business. Another important detail is that the current owner isn't doing much advertising at all and yet the businesses are very profitable.
Asking Price: $499,000.00 plus inventory
Gross Annual Sales: $518,000.00
Cash Flow or Net: $170,000.00
Value of Furniture, Fixtures & Equipment: $195,000.00
Value of Inventory: $7,00.00 (not included in asking price)
Building, Property, Lease details: Location #1: (+/- 1,000 sq ft) base rent; R.E. taxes; & C.A.M. charges=$2,340.00/month with annual increases of $360.00/yr. Location #2: base rent=$2,880.25/mo, C.A.M. charges=3%, RE taxes=3%, annual increases=4%
Seller Financing: Owners may discuss some financing with qualified & experienced buyer/operators.
