Bulk And Novelty Ice Cream Manufacturer
Location Rhode Island,United States
Asking Price Range < $250K
Gross Revenues $160000
Net Profit / Cash Flow $40000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1955
Number of Employees 1 - 3
Inventory 78000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training As needed.
Reason for Sale professorship
Description Well located and equiped ,boutique manufacturer with active wholesale client list. This business is operating at 1/3rd of its capacity in its current location. Owner .will also sell single story income producing building. Ice Cream retail business is seasonal. There is a good deal of growth that could be generated in this business. It would make an attractive add-on to a confection business. The manufacturing business can be purchased for $98,000 and the retail may be purchased for $28,000. The income producing real estate has an asking price of $420,000 SA prospect who wanted only the manufacturing which is less labor intensive can lease out the retail ice cream. An additional tenant in this attractive facility pays rent of $1,400 per month. The retail entity should bring approximately the same amount.
This is an extremely well priced opportunity.Buy or lease the property
Reason for sale is retirement
Email or call Hewitt, Newton Associates at 401-463-6950 for more information on this Ice Cream Manufacturing business for sale.
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