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Very Profitable Popular Ice Cream Shoppe! for sale in Passaic County, NJ

Passaic County, New Jersey (NJ)

Asking Price: Gross: Cash Flow:
$ 200,000 $ 438,822 Undisclosed

Furniture and Fixtures Value:
$ 80,000 (included in the asking price)

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

Business Summary:
Priced to sell!! 28-year-old signature ice cream shop & deli in a high-traffic town. Many kids & sports teams from the area frequent the shop. The husband & wife team plan to retire once the store's sold. A unique business selling a high volume of ice cream & ice cream cakes, soup & sandwiches. There's a free parking lot on the side of the building. FURNITURE, FIXTURES, & EQUIPMENT: Security Service $275. $24,000 added to Annual Payroll to cover for wife's wages. Financials are for the year-end 2017. 2018-2020 financials are quite similar to sales-wise & cash flow-wise. Contact Seth @201-317-4710 for additional details & showing.

 

   
Year Business was Established: 35
   
Number of Employees: 8 P/T  
   
Facilities / Terms of Lease: 1,125 square feet. Approximately 900 sq. ft. inside the store along with approximately 225 directly out back (partially enclosed area). 6 spaces along with room for one other care in their own lot. Metered parking on the street. Owners have 6 years left on their lease. A new qualified owner can at minimum of 6 years with a pretty good chance to get a longer lease if so desired.  
   
Potential Growth/Expansion: Since this shop has a wide array of menu items including deli and hot food mentioned above, the only thing a new owner could do to expand it to offer delivery service within their town.  
   
Competition: There’s only one ice cream shop, but it’s a good mile away in the next town. There’s several in a different neighboring town. Though most of them are “chain” shops, and most are a bit further away.  
   
Owner willing to finance: The Seller will entertain all reasonable offers!  
   
Owner willing to train: A minimum of 2 weeks training at no cost to the Buyer.  
   
Reason for selling: The two owners are both retiring.  
   
Seller Reference Number: 6151SK
BusinessMart.com Listing Number: 222973
 

 

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Larry Bodner

Executive Business Brokers
908-851-9040

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