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#3305HG Ice Cream

Union County, New Jersey

Asking Price: Gross: Cash Flow:
$130,000 $300,000 $72,000

Furniture and Fixtures Value:
$110,000 (included in the asking price)

Inventory Value:
$3,000 ( not included in the asking price)

Business Summary:
This is a franchised business. Store run absentee-$30,000 manager's salary plus $2,800 payroll tax added back to total operation.Profit to adjust for an owner/operator. Other expenses-bank charges $3,092,janitorial$2,808,office exp $251,supplies$709,payroll process fee $3,001, promotion& marketing $814,misc.$3,500=$14,268. Business has approx $110,000 in furniture,fixtures & equipment.

 
   
   
Year Business was Established: 1977
   
Facilities / Terms of Lease: 1000 Sq.Ft beautiful store, street & lot parking-lease 3 years & 5 year option  
   
Owner willing to finance: None  
   
Owner willing to train: 2 Weeks  
 

 

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