Premium Ice Cream Franchise With Absentee Owner For Sale

Business description

This ice cream franchise has a reputation for being super-premium and among the best money can buy. The owner is absentee and the employees handle all operational and managerial functions. The sales have been stable for many years. They have done 20 catering events in 2008 that generated $1,000-6,000 each. Because this is an existing franchise, the owner will not have to pay royalties on sales but instead will pay an annual franchisee fee and monthly advertising fee which is thousands less annually than what the royalty fees would be.

Franchise terms

Franchise Fees: $2,500/year and $400/month Advertising Fee One Time Franchise Transfer Fee: $5,000 at time of sale

Property information

Real Estate:

Lease

Location:

Prime upper west side location with high foot traffic.

Other information

Expansion potential:

The seller has had good success with handing out coupons so this could be done more extensively with other forms of promotion. And the catering business can be expanded.

Competition / Market:

This is a great brand which stands alone in terms of quality and name recognition.

Support & training:

The buyer will help transition and the franchise provides the training needed to be successful.

Reasons for selling:

seller has other opportunities they want to pursue

Inventory / Stock value:

$15,000