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- RE: Water Ice Franchise Netting $53K With 10% Down
- Contact: Joseph Chiarello
Quick Facts
Asking Price: | $150,000 | |
Annual Revenue: | $239,977 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $53,053 | |
Total Debt: | Not Disclosed | |
FF&E: | $90,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1984 | |
Employees: | 14 | |
BBN Listing #: | 943185 | |
Broker Reference #: | 2702-18274 |
Business Overview:
ONLY 10% DOWN NEEDED, LENDER PRE-QUALIFIED - Put down $15,000 (10%) to purchase this store and after debt service for first season you will make $30,000 IN THE 7 MONTH SEASON THAT IT'S OPEN!! You will get your down deposit back in 3.5 months during the season!
This is a well known water ice franchise that is extremely successful. The best part about this business is it's only open for 7 months out of the year!  This is a turnkey business. The current owner oversees the operations, has manager in place and has it fully staffed during the season.  OWNER IS RETIRING & MOVED!Â
- run owner absentee
- great support from franchisor
- continued returning staff
- great location next to high school
- manager in place
- fully staffed for seasonÂ
- sales increasing every year
- only 10% down needed to purchase - $15,000
- easy business to operate and run
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Property Features and Assets:
Assets = $150,000
Reason for Selling:
Owner moved.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
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