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Marble Slab Ice Cream Franchise - Business For Sale

Edmonton, Alberta, Canada

Listing: 2890 | Ref: 8022-11-39 | Agent: 192
Business for Sale Price Reduced
Asking Price: CAD $170,000.00
Gross Income: CAD $250,000.00
Cash Flow: CAD $46,546.00
Fixtures & Fittings: CAD $50,000.00
Stock & Inventory: CAD $5,000.00
Owner Financing: Yes
Finance Available: Negotiable - The owner is willing to finance up to $110,000 @ 10% for 60 Payments.
Year Established: 2009
Trading Hours: Open 7 days/wk 11:00am-10:00pm
Employees: 2FT 8PT
Terms of Sale: Share Capital
Buy a Marble Slab Ice Cream Franchise business for sale

Business Description

VR Business Sales in Edmonton AB presents: This is a high-end and well known Marble Slab ice-cream store with an established reputation for distinctive treats. A great opportunity to buy into an established growing franchise business for sale, the enviable location enables you to continue capitalizing on a very upscale residential neighborhood. Current pricing on this business still reflects the downturn resulting from the current economic conditions. This business has been operating for only 2 years with all new equipment and complete turn key opportunity for a new owner. At this price, the buyer will enjoy a decent income and be positioned to benefit from the upturn in sales as the business becomes more establish in the area. There are good development plans to further increase density in this part of Edmonton with both single and multi family residential properties that will continue to increase traffic to this business. Business is priced to sell.

Detailed Information

Expansion Potential: There is no direct competitor nearby. Customers enjoy the quick in and out service available with ample parking directly in front of the store. Great opportunity to promote for fund raising, Halloween and Christmas parties, gift cards, catering to hotels

Competition & Market Info: The store is branded and has good customer loyalty. Customers seek out the brand to treat themselves to a flavorful frozen treat. The franchisor makes excellent use of the marketing expense incurred by the franchisee and has national name recognition.

Reasons for Sale: Loss of partnership/family

Other Assets: L/H Improvements $75000

Website: http://www.vrbusinessbrokers.com/Listing/Marble-Slab-Ice-Cream-Franchise.aspx

Real Estate Information

Property Type: Leasehold

Lease Terms: Expires 4/30/2019

Leasehold Rent: $3074/month

Premises Details: The store has been established for almost 2 years. The store is immaculately clean, bright and inviting. Business is located in a shopping center that is anchored by major grocery chain and other popular businesses. Lots of free parking available on site.

Size (Sq m or ft): 1054

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