Total of 18659 firms and businesses for sale today Saturday 11th May 2024
Time to Sell or Time to Buy !

Sold. Leading Brand Ice Cream Franchise

LISTING DETAILS
Firms For Sale ID:
28030
Vendor reference:
8022-11-39
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$200,000
Furniture, fixtures, fittings and stock included.
Turnover / revenue:
$250,000
Net profit / cashflow:
$46,546
Years established:
2009
Trading hours:
Open 7 days/wk 11:00am-10:00pm
Number of employees:
10
Business website:

OTHER DETAILS
Reason for selling:
Loss of partnership/family
Financing available:
Negotiable - The owner is willing to finance up to $110,000 @ 10% for 60 Payments.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease remaining:
8
 
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BUSINESS DESCRIPTION
VR Business Sales in Edmonton AB presents: **REDUCED PRICE**This is a high-end and well known Marble Slab ice-cream store with an established reputation for distinctive treats. A great opportunity to buy into an established growing franchise business for sale, the enviable location enables you to continue capitalizing on a very upscale residential neighborhood. Current pricing on this business still reflects the downturn resulting from the current economic conditions. This business has been operating for only 2 years with all new equipment and complete turn key opportunity for a new owner. At this price, the buyer will enjoy a decent income and be positioned to benefit from the upturn in sales as the business becomes more establish in the area. There are good development plans to further increase density in this part of Edmonton with both single and multi family residential properties that will continue to increase traffic to this business. Business is priced to sell.

Expansion Potential
The store is branded and has good customer loyalty. Customers seek out the brand to treat themselves to a flavorful frozen treat. The franchisor makes excellent use of the marketing expense incurred by the franchisee and has national name recognition.

Market / Competition / Non-Competition Agreements
There is no direct competitor nearby. Customers enjoy the quick in and out service available with ample parking directly in front of the store. Great opportunity to promote for fund raising, Halloween and Christmas parties, gift cards, catering to hotels and restaurants, etc.