Water Ice Franchise-5 locations Net $299k - 10% Down
Lehigh County, Pennsylvania
Asking Price: |
Gross: |
Cash Flow: |
$950,000 |
$1,350,651 |
$299,729 |
Furniture and Fixtures Value:
$340,000 (included in the asking price)
Inventory Value:
$25,000 ( not included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
ONLY 10% DOWN NEEDED, LENDER PRE-QUALIFIED - Stores making over $299,000 net income combined! Put down $95,000 (10%) to purchase these stores and after debt service for first year you will make $159,148 IN THE 7 MONTHS THAT IT'S OPEN!! You will get your down deposit back in 4 months during the season!These 5 well know franchise water ice locations are all within 10-mile radius. Three locations are stores, one location is in an amusement park and the other one is in a baseball stadium. One of the stores has a pizza place inside with the water ice store and comes as part of it. The best part about this business is it's only open for 7 months out of the year! Turnkey Business. The current owner oversees the operations, has managers in place and has it fully staffed during the season. OWNER IS RETIRING! Buyer will be responsible for all transfer fee's to the franchisor.
|
|
|
|
|
|
Year
Business was Established: 2005 |
|
|
Number of Employees:
5 FT/75 PT |
|
|
|
Owner
willing to finance:
Lender pre-screened with $95K down. |
|
|
|
Reason for selling:
Retirement. |
|
|
|
REQUEST MORE INFO |
|
|