PREMIUM ICE CREAM FRANCHISE - ABSENTEE OWNER
Seller:
Attn:
Lincoln Taylor
Location:
Upper West Side, NYC, NY, USA
Listing Number:
47343538
Overview:
Summary Description:
This ice cream franchise has a reputation for being super-premium and among the best money can buy. The owner is absentee and the employees handle all operational and managerial functions. The sales have been stable for many years. They have done 20 catering events in 2008 that generated $1,000-$6,000 each. Because this is an existing franchise, the owner will not have to pay royalties on sales but instead will pay an annual franchisee fee and monthly advertising fee which is thousands less annually than what the royalty fees would be.
Property Features and Assets:
Facilities: 250 square feet of retail space and 250 square feet in the basement. Prime upper west side location with high foot traffic.
Market Competition and Expansion:
Competition: This is a great brand which stands alone in terms of quality and name recognition. The shop has a great location on a major high foot-traffic street.
Growth and Expansion: The seller has had good success with handing out coupons so this could be done more extensively with other forms of promotion. And the catering business can be expanded.
Additional Details:
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