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Businesses For Sale > Business For Sale in Oakland County, Michigan (MI)

Franchise Ice Cream Parlor for sale in Oakland County, MI

Oakland County, Michigan (MI)

Asking Price: Gross: Cash Flow:
$ 125,000 $ 323,571 $ 51,757

Inventory Value:
$ 5,000 (not included in the asking price)

Business Summary:
This is a beautiful, high quality franchise ice cream parlor located in a highly trafficked, upscale mall in the heart of Oakland County. The business is beautiful and provides excellent cash flow to the owners. It is ideally located in the heart of various entertainment venues, upscale restaurants and other busy businesses. As a result, the ice cream parlor enjoys fantastic synergy. In addition, this location does some catering to weddings, graduation parties, holiday parties, bar mitzvahs and bat mitzvahs, and more. 2012 sales through March up 20%. Franchise information is as follows: Royalties are 6% of sales and advertising is 3% of sales. We believe the training and transfer fee is $10,000 which is to be paid by purchaser. The required franchise training period is for two weeks, one week out of state and one week locally. Purchaser should be an owner-operator who works the business.

 

   
Year Business was Established: 2003
   
Number of Employees: 1 full time 11 part time  
   
Facilities / Terms of Lease: $5,270 + NNN ($1,100) less a marketing credit of $972. per mo + 8 % of annual gross sales in excess of $644,000  
   
Owner willing to finance: seller financig available with $50,000 down  
   
Owner willing to train: yes  
   
Reason for selling: retirement  
   
Seller Reference Number: BM1614
BusinessMart.com Listing Number: 110111
 

 

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