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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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Best Known Italian Ice Franchise

Location  New York,United States
Asking Price Range  < $250K
Gross Revenues  $239637
Net Profit / Cash Flow  $70127
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2005
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Owned
Training  Seller will train
Reason for Sale  Personal
Description  This is the best know 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. $260,000.00 in the 2012 season with a cash flow of approx. $70,000.00 for a part-time owner. A hands on owner/operator can add approx. $25K to the bottom line cash flow. The current owner has had this location for 7 years. They have 7 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 631-909-1095.
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