Water Ice Franchise Netting $100K with 10% Down

Philadelphia County, PA
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Asking Price:$289,000
Gross Revenue:$272,914
FF&E:$130,000
Cash Flow:$100,166
Inventory:$3,000
Established Year:1992
BUSINESS DESCRIPTION

Water Ice Franchise Netting $100K with 10% Down

This business has been pre-qualified for a loan with buyer only needing 10% down ($28,900). Buyer would take home after paying debt service $56,000. Buyer would earn their down deposit back within 4 months of the season!

This very well known water ice franchise is simple, fun and seasonal business. You don’t need to go to school to learn how to serve customers, Water Ice Custard and happiness!, All you have to do is be polite, have a clean facility and want to increase your business. The product speaks for itself! This water ice franchise has been successful and proven for 40 years. Limited menu, not dealing with fryers, ovens, hoods or any sophisticated equipment! It’s easy to find staff as they receive hundreds of applications each year and get to choose who they want to hire. Stable Business (been there for 30 plus years), Continued Growth in Sales, More opportunity with Catering with businesses and schools, Easy to operate, Enjoyable business and Best of All its Seasonal (You get to relax or go away from October to March. Owner is overseeing the business and now looking to retire.


DETAILED INFORMATION
Location
Philadelphia County, PA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
650
Employees
9
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
Lender pre-screened with $28,900 down.
Support & Training
Will train for 2 weeks @ $0 cost.
Reason for Selling
Retiring.
Franchise
This business is an established franchise
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Joe
Chiarello
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Joe Chiarello