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Water & Ice With Thrifty Ice Cream

Phoenix, AZ

Seller Financing Available

listing image
Asking Price:$75,000
Gross Revenue:$51,000
Rent:$16,800/Year
FF&E:$100,000
Cash Flow:$30,000
Inventory:$10,000
EBITDA:$30,000
Established Year:2015
Listing ID: 1407132Listing provided by BizBuySell
BUSINESS DESCRIPTION

Water & Ice Store With Thrifty Ice Cream and Shaved Ice. Located in North Phoenix on two Major Streets in a Strip Center across from a High School, Draws a lot of Students for the Ice Cream and Shaved Ice. They Manufacture their own Water & Ice.The Ice Machine can Produce 3,800 Pounds of Ice Per 24 Hours, and is Self Cleaning. The Water Tank holds 750 Gallons of Water. They Sell RO, Distilled and Alkaline Water. Big advantage is that there is No Cost for the Water, it is included in the rent. They have One Commercial Account which they Supply Ice to 3 times a Week, which bring in around $600.00 per month. They have the Ice Capacity to Expand this part of the Business.

DETAILED INFORMATION
Location
Phoenix, AZ
Inventory
Included in asking price
Real Estate
Leased
Building SF
960
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Good Looking Shop. Equipment is Self Cleaning and all New in 2015. It is Well Maintained. Parking is Quite Ample and has Reserved Spaces for Customers. Has Outsides Door for Water Dispensing for after hours. Lease has 1 years left. Rent is $1,400 Per Month which includes the Water. New lease can be written.
Competition
Only Competition in the Center is a Walmart, but they sell their produces less than Walmart
Growth & Expansion
They could expand the Commercial Side of the Business to Supply Ice to other Retail Stores and Service Businesses in the Area
Financing
Prefer Cash, but Submit
Support & Training
Seller will Provide Training to the Buyer for up to 2 Weeks at No Expense to the Buyer.
Reason for Selling
Has Started an Unrelated Business with a Partner and requires his time
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Allan Jeffryes
Jeffryes Company
Phone Number
Allan Jeffryes
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