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Business for Sale Summary

Ice Cream Shop for Sale in New York - 36258

Business Type: bakers & confectioners,gift and specialty retail,gift basket companies,misc. retail/non-classifiable,other eating & drinking places,other food stores,owner financing available,ice cream parlour/frozen yogurt stores
Owner Financing
Ice Cream Shop for Sale in New York
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This business has received 37 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $295,000 Down Payment $195,000
Gross Revenues $280,000 Lease Remaining Register Free to View
Owner’s Cash Flow $117,000 Number of FT Employees Register Free to View

Financing

$195,000 Down and 100,000 for 5 years @8%

Business Description

For sale is a niche ice cream, Italian ice, and candy shop that has been in business and owned by the seller for 17 years. This oversized store has ample room for adding a second food or non-food concept, such as coffee, hamburgers, soups, bakery items, or desserts. The landlord is open to the buyer incorporating another concept. The store features a large rear parking lot and a spacious front area with benches. Contact broker Jim Aloi at 631-375-4100 for an extra bonus not mentioned. The seller currently works alone and travels four hours daily to and from work, with the store experiencing one-hour waiting lines for ice cream. There is significant potential for growth by adding staff and expanding the business. The corner location offers excellent exposure. The sale includes $25,000 to $30,000 worth of ice cream and candy, plus over $50,000 in equipment. Additionally, the buyer can expand the menu to include Mexican, American, pizza, or chicken options. For more information, contact broker Jim Aloi at 631-375-4100.

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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.