Franchise Ice Cream Shop

Reference Code 0157

This is a great opportunity to own a very successful, well established Franchise Ice Cream Shop in Oakland County. Located at a hard corner and on a highly-traveled road, this high-volume store is surrounded by plenty of residential homes and commercial establishments. All equipment is in excellent condition and maintained regularly. Owner just completed the required store remodel and added additional newer equipment & furnishings at a cost of over $50,000! Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with hosting parties, offer specials, focus on cakes, sample products, join the Chamber of Commerce, school programs, sporting sponsorships, social media advertising and adding an ice cream cart, you have HUGE potential. Owner’s full-time corporate career forces sale! Strong gross sales with great cash flow! A must see/must have business that will not last long. Royalties: 5.9% Advertising: 5% Transfer Fee: $5,000 Training Period: 3 weeks in California

Business Location Oakland County, MI

Gross Sales $375,799 Cash Flow TBD Business Price $210,000 Down Payment $100,000 Monthly Payment $1,714.48 Interest Rate / Amortization 8% int., amortized over 84 months, balloon due in 36 months License Required Sales, Food, Franchise Inventory Value $8,000 Employees Part Time 9 Date Established 1980 Hours of Operation 11am-10pm Rent $2,300 NNN ($300.00) Lease Period 7/2021 Reason for Sale Owner has full time corporate career