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Business for Sale Summary

Ices, Ice Cream and More by the Beach - 29140

Business Type: bakers & confectioners,other eating & drinking places,best deals!,new to market,seller financing available,ice cream parlour
Owner Financing
Ices, Ice Cream and More by the Beach
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This business has received 38 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $168,000 Down Payment $99,000
Gross Revenues $219,500 Lease Remaining Register Free to View
Owner’s Cash Flow $59,170 Number of FT Employees Register Free to View

Financing

$99,000 Down and $69K over 2 yrs. @ 6%

Business Description

Ices, Ice Cream and More by the Beach! This is a gourmet ice cream parlor and sweets shop just one block from the beach. They offer homemade ice cream, ices, candy by the pound, cookies, brownies, coffee... even hot foods like hot dogs and pizza. It is situated on a highly visible corner on a main road. It is a spacious 1,200 sq. ft with indoor and outdoor seating. It has a fantastic Yelp rating and has been featured on the news and in Newsday, among other places. They offer excellent equipment, including a pizza oven. These machines can handle wholesale capacity. There is on-site parking and a flexible lease/reasonable landlord. A qualified buyer can obtain a 5 5 lease at only $2,400/mth. It can be run seasonally or year-round. The current owner is there roughly 10 hrs./wk in season and has a full staff. In the past year the business grossed approx. $227,000.00 with a cash flow of approx. $56,770.00 (for an absentee owner). We are seeking a serious and qualified buyer with at least $99k in liquid funds to cover the downpayment. If you meet the criteria, please call the broker at 1-877-735-5224.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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.