Franchise Ice Cream Business for Sale in Mckinney, TX

Dallas, TX
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Asking Price:$170,000
BUSINESS DESCRIPTION

Franchise Ice Cream Business for Sale in Mckinney, TX

Monthly Revenues: $ 24,735 (Average for 2021)

Jan - May 2022 Monthly Average Revenues - $20,693

(This is a Seasonal/weather dependent business, so sales vary)

(Deduct) – Food costs $3,305 / Month

Gross Profit: $21, 430 / Month

Rent To Landlord: $4,811 including NNN / Month

As Per Seller, Approx Net Income / Cashflow to new Owner After Paying all Expenses and Rent: $9,000 Plus / Month

Asking Price for Business only: $170,000 + Inv.

Area has grown rapidly with multi and single-family homes and more growth on the way.

Cost to build a new location is well over $400,000 + delays due to supply chain issues. This location and brand are already well established in north Texas and owner has worked hard in getting the name out there in the community. Owner started this business 4 years ago from scratch.

Store is surrounded by multiple elementary and middle schools

Large piece of land recently purchased by Residential Developer for Single Family Home development around this area. Between 100 to 200 homes to be added soon.

NO Additional INFO WILL BE PROVIDED UNLESS BUYER PROVIDES PROOF OF HIS NET WORTH OF $350,000 AND LIQUID CASH PROOF OF $125,000 FIRST AS PER SELLER REQUIREMENTS


DETAILED INFORMATION
Location
Dallas, TX
Inventory
Not Included in asking price
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Shehzad
Ziauddin Bhayani
Shehzad Ziauddin Bhayani