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Business for Sale Summary

Ice Cream Company in Queens County, NY - 28492

Business Type: ice cream parlour,food & kindred (food related) conditions,misc. manufacturing/non-classifiable,best deals!,new to market,seller financing available,non-classifiable establishments,misc. wholesale/distribution/non-classifiable
Owner Financing
Ice Cream Company in Queens County, NY
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Financial Information (non-confidential)

General Information
Asking Price $500,000 Down Payment $300,000
Gross Revenues $550,000 Lease Remaining Register Free to View
Owner’s Cash Flow $200,000 Number of FT Employees Register Free to View

Financing

$300,000 Down and $200,000 for 5 years @7%

Business Description

Thirty-year established (and owned by seller) ice cream manufacturing company for sale. This company is only minutes from Long Island. This company makes ice cream for several major ice cream distributors, which serve a niche product in supermarkets and delis. They also have a freezer display available. This company has distributors in three states, and growing. Seller may consider a partnership to grow company. Seller wants to semi-retire. This is one of this year's best listings. Note- seller can add another 6,000 feet to his existing 6,000 sq. ft. Rent is either $6,000, or $11,000 for both spaces. Ten-year lease. Proof of funds a must. Contact broker Jim Aloi. Best food factory listed all year!

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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.