Very Profitable Popular Ice Cream Shoppe!
Passaic County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $200,000 |
$438,822 |
Undisclosed |
Furniture and Fixtures Value:
$80,000 (included in the asking price)
Inventory Value:
$5,000 ( not included in the asking price)
Business Summary:
Priced to sell!! 28-year-old signature ice cream shop & deli in a high-traffic town. Many kids & sports teams from the area frequent the shop. The husband & wife team plan to retire once the store's sold. A unique business selling a high volume of ice cream & ice cream cakes, soup & sandwiches. There's a free parking lot on the side of the building. FURNITURE, FIXTURES, & EQUIPMENT: Security Service $275. $24,000 added to Annual Payroll to cover for wife's wages. Financials are for the year-end 2017. 2018-2020 financials are quite similar to sales-wise & cash flow-wise. Contact Seth @201-317-4710 for additional details & showing.
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| Year
Business was Established: 35 |
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| Number of Employees:
8 P/T |
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| Facilities / Terms of Lease:
1,125 square feet. Approximately 900 sq. ft. inside the store along with approximately 225 directly out back (partially enclosed area). 6 spaces along with room for one other care in their own lot. Metered parking on the street. Owners have 6 years left on their lease. A new qualified owner can at minimum of 6 years with a pretty good chance to get a longer lease if so desired. |
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| Potential
Growth/Expansion:
Since this shop has a wide array of menu items including deli and hot food mentioned above, the only thing a new owner could do to expand it to offer delivery service within their town. |
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| Competition:
There’s only one ice cream shop, but it’s a good mile away in the next town. There’s several in a different neighboring town. Though most of them are “chain” shops, and most are a bit further away. |
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| Owner
willing to finance:
The Seller will entertain all reasonable offers! |
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| Owner
willing to train:
A minimum of 2 weeks training at no cost to the Buyer. |
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| Reason for selling:
The two owners are both retiring. |
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| REQUEST MORE INFO |
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