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Asking Price$350,000
Revenue$525,000 EstablishedUndisclosed
Cash Flow$79,815 Employees2 full, 5 part
FF&E$70,000 FranchiseNo
Inventory$10,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
- Location, location, location is key to this Italian ices and frozen custard franchise's growing success. Open from April through October and right next to a world-famous attraction in Brooklyn, customers from all walks of life come from far and wide to savor this store's cool treats. - In order to maintain its nationally recognized Kosher certification, the Jewish sellers are required to be closed for business on Friday nights, Saturday days, and on many other Jewish observance days. HOWEVER, a new non-Jewish owner could remain open whenever he wants and still be in compliance with this certification. The sellers calculate that this new owner would experience a Big Bump Up in Revenues from being open for business during these times, when special events are almost always taking place and attracting extra big crowds. - The sellers own the franchise rights for 3 other prime locations. Altogether they paid $300K upfront for these rights and the construction of the store, which is fully decked out with the best in refrigeration and ice & custard making equipment. - Currently run absentee by one full-time day manager and one full-time night manager, you can increase profits by being more hands-on and cutting payroll costs.  Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Seller Financing:275,000.00 Down & Seller will finance $125,000 at 8% over 36 months
Sale Reason:The sellers are unloading their non-core holdings of which this is one.
Ad #74602
Seller Reference #27117
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Jay Goldman
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