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Business for Sale Summary

Ice Cream Cafe in Queens County, NY - 30400

Business Type: other eating & drinking places,other food stores,restaurant/ cafes,assets only sale,distressed sales!,must sell/drastic price reduction!,new to market,ice cream parlour
Ice Cream Cafe in Queens County, NY
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This business has received 34 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $69,000 Down Payment $69,000
Gross Revenues $200,000 Lease Remaining Register Free to View
Owner’s Cash Flow $40,000 Number of FT Employees Register Free to View

Financing

$69,000 Down and SELLER WILL ENTERTAIN ANY REASONABLE OFFER!

Business Description

Ice cream cafe for sale on a busy street. This is an opportunity sale, ideal for a first-time buyer, or an owner/operator. This is a very simple business, offering a variety of hot and cold desserts: waffles and crepes, fruit salad, fresh orange juice, coffee, smoothies, ice cream and sandwiches. It was opened in late 2015 and, in the past year, they generated gross sales of $200K, with a net cash flow of approx. $40K. They are busiest during noon and evening hours. The store is only open six days a week. Over the past two years, they have built a great reputation in the neighborhood. Sales have grown 30% since last year. If you are a first -ime buyer with limited capital for an investment, this is a great opportunity, as it is very affordable, with steady sales and repeat customers. The current owners will train and provide support. You also have an option to retain one of the very well-trained employees. We are seeking a serious and financially-qualified buyer with at least $69K in liquid funds to cover the asking price and $16,200 for rent security. The landlord will require good credit and proof of income to assign the lease. To learn more, please call Mel Vaz today at 1-877-735-5224. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

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. kg

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.