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Businesses For Sale   >>   New York Businesses For Sale Categories   >>   

Ice Cream Franchise Stores - 5 Stores

Location  New York,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $1765000
Net Profit / Cash Flow  $500000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1982
Number of Employees  10 - 19
Inventory  500000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  Seller is willing to help with the transition.
Reason for Sale  Owner is retiring.
Description  Asking Price: $995,000 Tremendous opportunity to own five (5) major brand ice cream franchise stores; all conveniently located within a 20 mile radius. All the stores are in great locations with excellent visibility: (1) 2 stores (White Plains, NY and Yonkers, NY) are located in major shopping plazas; (2) 2 stores (Greenwich, CT and Queens, NY) are located on major commercial streets, and (3) one store (Bronx, NY) is located in a multi-building residential apartment complex. The stores were opened in the following years: 1982 (White Plains, NY area and Greenwich, CT area); 1990 (Yonkers, NY); 1994 (Queens, NY); and 2006 (Bronx, NY). The owner has developed an extremely well-run operation with loyal employees. The asking price is well justified by the franchises' well known brand name, excellent reputation, and the great cash flow ($500,000) consistently produced by the stores. This is an excellent opportunity for a newcomer or someone with an ice cream or restaurant franchise background to step into an extremely profitable and well run five (5) franchise store operation. Contact for more information on these Ice Cream franchises for sale.
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