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Business for Sale Summary

Established Italian Ice and Ice Cream Parlour - 28797

Business Type: other food stores,restaurant/ cafes,ice cream parlour
Owner Financing
Established Italian Ice and Ice Cream Parlour
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Financial Information (non-confidential)

General Information
Asking Price $125,000 Down Payment $60,000
Gross Revenues $105,250 Lease Remaining Register Free to View
Owner’s Cash Flow $60,766 Number of FT Employees Register Free to View

Financing

$60,000 Down and 65,000 at 5% over 24 Months

Business Description

We are an Italian Ice and Ice Cream store located in a thriving location. There are a few reasons why we are different from other ice cream shops. We have over 60 Italian ice and ice cream flavors to chose from. There's virtually no competition within our immediate area. We also have a party room that can be used to host any event (parties, showers, club meetings, etc.). Since we opened a year ago, we've gotten amazing feedback from both the town and surrounding areas. Our loyal customer base continues to grow. Our 5-star Yelp reviews reflects the enthusiasm customers have for us. We're located in a high-foot traffic area surrounded by neighboring food establishments. Since local residents walk for transportation, we located ourselves just a couple blocks from surrounding high-rise apartment buildings. We also have two colleges within three blocks from us. We're located across the street from the counties only multi-level entertainment center with a bowling alley, 18-screen iMax movie theater, arcade, retail, and chain restaurants. The town and neighborhood is very focused on promoting local businesses, therefore there are many markets & park events. Examples include weekly concerts, weekend afternoon farmers markets, and neighborhood activities for all ages. A good amount takes place at the town's main park (centered just two blocks away). The store also receives invites about selling their product for private events taking place out of the store.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.