Franchise Ice Cream Shop In Chicago West Suburbs For Sale

Business description

This is a Franchise Neighborhood Ice Cream Shop in a very busy location with lots of shopping, great visibility and high
traffic counts. The sales are very consistent, even with limited hours of operation.

The Illinois Department of Transportation reports that there are approximately 40,300 cars driving by the front door of this
franchise ice cream shop each day. This store opened in 2003. They serve a variety of ice creams, smoothies and other
creations, made in-store daily. They have about 20 seats.

Areas of opportunity to expand sales include additional local marketing. Franchisee's pay a 3% marketing fee for the large-
scale marketing campaigns and professional branding. Additional localized advertising and promotions would be an
excellent way to boost sales even further.

The time it takes to go through the process, secure a location and negotiate the lease, building the space and everything
else that goes into starting a new business can take well over one year. According to the Franchisor's website, the initial
investment range is between $294,250 and $438,850 for a securing and building a brand new location. Acquiring this
already established store with history of successful operations saves the new operator both time and money!

Property information

Real Estate:

Lease

Leasehold rent:

$3,900 per annum

Location:

Gross Building Area is +/-1,500 sq ft, Rent is approximately $3,900/month including C.A.M. & RE Taxes. +/-20 seats inside

Business Operation

Expansion potential:

Expand sales include additional local marketing. Franchisee's pay a 3% marketing fee for the large-scale marketing campaigns and professional branding. Additional localized advertising and promotions would be an excellent way to boost sales even further.

Franchise terms

Franchise opportunity:

Yes

Franchise Information Royalty Fee: 6% of Gross Sales Advertising: 3% of Gross Sales Renewal Fee: 1/3 of then-current initial franchise fee Transfer Fee: $10,000 or 5% of Gross Sales Price, whichever is greater.

Other information

Financing available:

Owner will consider financing a portion for qualified buyers.

Furniture / Fixtures value:

$85,000 (included in the asking price)

Inventory / Stock value:

$4,000