Ice Cream Store in Busy Mall

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Seller:Bill Gans

Location:Suffolk

Listing Num:285618298

Industry:Food & Beverage: Coffee, Cafe, Dessert

Asking Price:$129,000

Year Est.:2006

Employees:7

Yearly Revenue:$250,000

Yearly Cash Flow:$50,000

Yearly EBITDA:Not Disclosed

Yearly Net Profit:$50,000

Yearly Gross Income:$250,000

Monthly Payroll:Not Disclosed

Total Debt:Not Disclosed

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Reason for Selling:

Other business interests.

Overview of the Business:

Growing Ben & Jerry's Ice Cream Shop in busy mall in upscale Suffolk town. They have exclusive ice cream rights to this and adjoining mall closing out any local competition. Owner has other business interests and is now mostly absentee leading to a decline in business. Could easily be grown substantially with hands-on owner management. He just held "free ice cream cone day" where he gave out over $2000 in free ice cream to kick off the season. Great opportunity for committed owner!

Property Features and Assets:

Excellent ice cream store in busy Suffolk mall. Fully set-up according to Ben & Jerry's standards. $300,000 put in renovations in 2006.

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Ice Cream Store in Busy Mall

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