Profitable - Absentee Owner - Gelato Kiosk - Prime Location!
Union County, NJ
| Asking Price: | $335,000 |
| Gross Revenue: | $432,000 |
| Rent: | $6,800 |
| Established Year: | 2021 |
| Cash Flow: | $160,644 |
| Inventory: | $1,000 |
| FF&E: | $10,000 |
Listing ID: 2315172Listing provided by BizBuySell
BUSINESS DESCRIPTION
The company was established four years ago and successfully operates on an absentee basis. Its straightforward business model involves purchasing gelato in quantity and offering individual servings to customers in a retail setting. The business operates from a compact kiosk measuring just 10 feet by 13 feet. The kiosk offers a diverse selection of high-quality gelato, attracting a steady stream of customers in a dynamic and vibrant shopping environment. The Seller works just 5 hours per week managing the payment of bills, accounting functions and on general business administration. The business presents growth opportunities through the establishment of additional kiosks, in similarly situated locations.
DETAILED INFORMATION
Location
Union County, NJ
Inventory
Included in asking price
Real Estate
Leased
Building SF
130
Lease Expiration
30/03/2025
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
Owner Financing Amount $35,000.00 Owner Financing Interest 8% Owner Financing Terms M
Support & Training
2 weeks
Reason for Selling
other business interests
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