Business Overview

Listed for less that it would cost to open a new store!!!!!
This business is in an Amazing location for an Ice Cream and Dessert business. The franchise offers education and support. There are more offerings available to greatly increase the revenue from the existing location. What a fun industry that is all smiling faces! An owner operator could do well in this opportunity or with the right manager it could be run more hands off.
For more details contact Jeff Bach at 314-941-8530 or email directly at jbach@fusionadvantage.com about listing ID#1069JB.

Financial

  • Asking Price: $99,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: $50,000
  • Inventory: $5,000
  • Inventory Included: N/A
  • Established: 2005

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,280
  • Lot Size:N/A
  • Total Number of Employees:5
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Owner will assist with training and transition. The franchise provides a considerable amount of training

Purpose For Selling:

Other Location

Additional Info

The company was established in 2005, making the business 17 years old.
The sale shall not include inventory valued at $5,000*, which ins't included in the requested price.

The business has 5 employees and is located in a building with approx. square footage of 1,280 sq ft.
The real estate is leased by the business for $6,500 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons people resolve to sell operating businesses. Nevertheless, the real factor vs the one they tell you might be 2 absolutely different things. For instance, they might say "I have a lot of various obligations" or "I am retiring". For lots of sellers, these reasons are valid. But, for some, these may simply be justifications to attempt to conceal the reality of changing demographics, increased competition, current decrease in profits, or an array of other reasons. This is why it is really important that you not depend completely on a seller's word, yet instead, utilize the seller's answer together with your overall due diligence. This will repaint a more realistic picture of the business's current scenario.

Existing Debts and Future Obligations

If the existing entity is in debt, which many companies are, then you will need to consider this when valuating/preparing your deal. Lots of companies borrow money with the purpose of covering things like supplies, payroll, accounts payable, etc. Keep in mind that occasionally this can imply that profit margins are too tight. Lots of businesses come under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may additionally be future commitments to take into consideration. There might be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with vendors that have to be met or may result in fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the area bring in brand-new customers? Often times, businesses have repeat customers, which form the core of their day-to-day earnings. Certain variables such as brand-new competitors sprouting up around the location, roadway building and construction, and employee turnover can influence repeat customers as well as adversely influence future incomes. One crucial point to think about is the location of the business. Is it in a very trafficked shopping center, or is it concealed from the highway? Clearly, the more people that see the business often, the greater the opportunity to construct a returning consumer base. A last thought is the basic area demographics. Is the business placed in a densely inhabited city, or is it located on the outside border of town? How might the local average home earnings influence future earnings prospects?