Marble Slab Ice Cream Franchise
Location British Columbia,Canada
Asking Price Range < $250K
Gross Revenues $155000
Net Profit / Cash Flow $44352
Cash Flow Type EBITDA
Seller Finance No
Year Established 2009
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Franchise training will be provided
Description This is a nicely set-up Franchise Ice Cream business with low rent and a long lease term. It's located in a strip mall location, neighboured by Tim Hortons, Arby Restaurant and other small retail stores.
This store is easy to access and has plenty of store front parking. The business is currently operated by employees but it is ideally operated by an owner with a partner and 2-3 part time based on season.
If operated by owner, the business could save $20K in wages per year. Royalty fee is 6% and advertising 2%. Franchise training is required at Calgary. For information, please contact Vendor's Agent Philip at 1-800-295-2102.
YEARS IN BUSINESS 3 year(s)
FLOOR AREA 1280 sq ft.
EMPLOYEES Fulltime: 2 Part time: 2
LEASE TERM 5 + 5 + 5 + 5yrs (2032)
PARKING Free
ADDRESS
2070 Harvey Avenue, Kelowna B.C.
ASKING PRICE $ 92,000
BUSINESS HOURS
Daily 1100 to 2200hr
YEARLY GROSS INCOME $ 142,800 (royalty and ad deducted)
YEARLY OPERATING COSTS
Gross Rent: $ 29,448
Employee Wages: $ 54,000
Hydro: $ 8,000 gas and hydro
Insurance: $ 1,400
Phone Interac: $ 600
Waste Removal: included in rent
Others: $ 5,000
YEARLY EXPENSES $ 98,448
YEARLY NET INCOME $ 44,352 for absentee owner
Click Here To Contact Seller
|
|