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Italian Ice Franchise For Sale

Suffolk County, New York, United States
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Asking Price$250,000
Revenue$278,437 Established2006
Cash Flow$113,257 Employees2 full, 2 part
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed* Home-basedNo
* Included in Asking Price
This is the best known Italian Ice franchise on LI. It is very difficult to find a location for sale. This is a unique opportunity. Once you can get one location it creates opportunities to buy multiple units. This is a great seasonal business ideal for "snow-birds" or a family. The season typically runs 9 months, from March to November. They currently offer Italian Ices and soft serve ice cream. A new owner can add t-shirts, candy, hot dogs, etc. This location grossed approx. $256,624,000.00 in the 2012 season with a cash flow of approx. $113,257.00 for a part-time owner. The current owner has had this location for 6 years. They have 4.5 years remaining on the current lease with standard increases. Please keep in mind that there is a transfer fee of $7,500 that is NOT included in the asking price. We are looking for a serious buyer with at least $250K in liquid capital. If you fit the criterion please call or email Mel Vaz today at 1-877-735-5224
Training/Support:seller will train
Seller Financing:$250,000.00 Down and None
Sale Reason:Cashing Out
Ad #46487
Seller Reference #23569
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Melvin L. Vaz
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