Italian Ice & Custard Business For Sale
Location Virginia,United States
Asking Price Range < $250K
Gross Revenues $225000
Net Profit / Cash Flow $50000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2006
Number of Employees 10 - 19
Inventory 15000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Buyer must attend corp. Training program - 1 week
Reason for Sale Partner relocating - MOTIVATED TO SELL
Description National Franchise Italian Ice and Custard Business with 500+ locations. Two locations located in Chesterfield, VA are being offered for sale.
Interested in owning your own business? Great opportunity to buy into expanding franchise with tremendous growth prospects.
Location 1 -- Hull Street, Midlothian -- Established Spring 2006. This store is a walk-in store. The total square footage of the space is 1,426. There is both inside (12) and outside seating (25). Outside seating is comprised of two locations -- the front of the store and a side patio. Currently the building is fully occupied except for one location. In 2009 we expanded the side seating area and installed lighting, music, etc. The Store has the potential to double it's inside seating with sight modifications. We own all the outside patio furniture and umbrellas, they will convey with the store. In addition, this store is tied to the Flying Squirrels venue, which is Richmond's minor league baseball team.
Location 2 - MOTIVATED TO SELL - IDEALLY, WE ARE LOOKING FOR A BUYER FOR BOTH LOCATIONS, HOWEVER, WE ARE WILLING TO SELL THIS LOCATION BY ITSELF -- Midlothian Turnpike-- Established Spring 2007. This store is a walk-in store. The total square footage of the space is 1,159 sq/ft . There is both inside (12) and outside seating (26). Outside seating is comprised of two locations -- the front patio and a rear patio. Our neighbor is Cafe Caturra. In addition, the new buyer has already removed several trees and seems to be very pro-active, with improvements. We own all the outside patio furniture and umbrellas, they will convey with the store.
Ideally we would like to sell both stores along with the minor league cart venue as one, however, we are open to breaking apart as well. We are MOTIVATED to sell. One of the two partners has moved outside of the area. Someone that is willing to run the stores as a owner/operator would make the best fit.
Owner Cell - Mark Mellon - 804-986-1282
Click Here To Contact Seller
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