Listing Number: 189597-221891
Description
Franchise ice cream shop on the best block in Coney Island. The owners spent over 200k building out the shop just 2 years ago and it remains in mint condition. Annual revenue is 200k (with 77% margins!) and they currently do no delivery or catering so there is a tremendous opportunity to easily increase sales. There is a well known restaurant, that will seat 300 people, that that is moving in on top of the shop which will drive a lot of traffic to the shop as people will naturally have some delicious ice cream for dessert after their meal. The nice part about this business is that you can make a nice living only working 8 months a year as the shop is closed during the winter months. ***Included in the sale are exclusive rights to open additional stores in New York.***
Listing Details
- Price: $99,000
- Down Payment: $49,000
- Sellers Discretionary Earnings: $0
- Total Sales: $200,000
- Location: Kings County, New York
- Inventory: $10,000
- FF&E: $50,000
- Employees: 1
- Year Established: 2021
- Reason for Selling: Other Interests
- Category: Ice Cream Yogurt Ice