Listing Number: 6953-126048
Description
This national franchise has strong brand recognition and reputation. A go-to staple for ice cream treats, this local store has been operational for over 10 years and is well known in the community.
The nearby high school provides a steady supply of labor and customers. With great visibility from the main road, the store has been recently upgraded and provides a great experience to the shoppers.
Sales have been gradually increasing despite owner's limited involvement due to poor health. The store has a manager that covers all critical areas of the operation, overseeing approx. 7-8 part-time workers covering various shifts.
To grow the business, the store could start offering coffee products in the morning and expand its operating hours. Additionally, there has been virtually no marketing in recent years, which could strongly improve sales revenue even further.
This is a must see opportunity and a great turnaround under new ownership!
Listing Details
- Price: $299,500
- Down Payment: $190,000
- Sellers Discretionary Earnings: $127,167
- Total Sales: $449,874
- Location: Tulsa County, Oklahoma
- Inventory: $7,000
- FF&E: $150,000
- Employees: 7
- Year Established: 2007
- Reason for Selling: Health
- Category: Ice Cream Yogurt Ice
