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Bridge Pointe, 214 Bridge Street, Building D, Metuchen, NJ 08840
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| BUSINESS PROFILE |
Ice Cream Store |
Location: Central New Jersey
Years Established: 2008
Under Present Owner: 2008
Gross Sales: $134,367
Cash Flow: None
Inventory: $ 8,000
FF&E: $120,000
Number of Employees: 6 Part-time
Rent: 5% of Sales
2-5 yr. option
Lease Expiration: 2015
Asking Price: $ 150,000
Reason for Selling: Owners has other business interests
Two friends operate this franchise. Both owners have full-time jobs and cannot dedicate managerial time to operate this store to its full potential. The store has an excellent location in a major regional outdoor mall. It is off of a major highway, filled with national and regional name brand stores.
The owners understand they are selling at a significant discount to what it cost to franchise and build-out the store. At the asking price, a buyer can own a two year old franchised ice cream store, part of a major chain, for less than half of what it would cost to build a new store. Managed right, keeping cost low, and building traffic, could bring this store to its cash flow potential fairly quickly.
For somebody considering an ice cream store, this is a cost effective alternative to starting from scratch. The hard work has been done for you. You can step right in and manage your own ice cream store.
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