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Asking Price$120,000
Revenue$245,313 EstablishedUndisclosed
Cash Flow$72,116 Employees1 full, 5 part
FF&E$73,500* FranchiseYes
Inventory$5,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
All the necessary equipment, inventory, management, and staff needed. Owner/operator to operate this turnkey premium ice cream store in Grand Island with $245,000 in sales. As a shop that is run 95% absentee, you have your choice of passively running this operation, or managing the store yourself to increase the owner’s profit. With a well-known and respected name, this ice cream shop continues to receive awards every year including “Franchise 500” list by Entrepreneur Magazine in 2012 and “People’s Choice Awards: Best Ice Cream” by Fresno Magazine. With options in hand-made creations, on-the-go orders, catering and personalized orders of cakes, cupcakes and cookies, customers are bound to find the ultimate ice cream experience at this shop! This turnkey business has $14,000 in fixtures and $54,500 in equipment. With a difficult to achieve 33% profit margin in 2014 and 29% in 2015, this business achieved a valuation (2014 Cash Flow x Multiple =Price) of $209,136 and is fully collateralized for an equipment loan. Based on 2014, after all debts and expenses are paid, the Buyer can expect first year Net Operating Income of $57,828 and a rate of return of 138% from a 35% down payment at the discounted list price of $120,000.

Reason for Selling: Owner moved out of town

Personnel: 1 manager and 5 part time staff in place for easy transition

Hours: Sunday: 12PM – 9PM; Monday – Thursday 12PM -9PM; Friday – Saturday 12PM – 10PM

Lease: Sublease through corporate franchise

Support to Buyer: Corporate franchise will conduct all training

Additional Information:
Current Owner’s Responsibilities: Mostly Absentee, this is a turnkey business

Location and Service Area: Grand Island, NE

Reason for Selling: Owner moved out of town

Employees: 1 manager and 5 part time staff in place for easy transition

Seller Training Period: Corporate franchise will conduct all training

Purchase Price: $120,000 35%
Buyer Down Payment: $42,000
15% Seller Financing: $18,000
50% Bank Loan: $60,000
Fully collateralized on equipment loan
First year return on Buyer's down payment= 138%.
First year Buyer’s profit after debts/expenses= $57,828
Facilities:Location and Service Area: Grand Island, NE
Training/Support:Corporate franchise will conduct all training
Seller Financing:15% $18000
Sale Reason:Owner moved out of town
Ad #78005
Seller Reference #RES049
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Contact This Seller
Cortney Sells
The Firm Business Brokerage
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