LISTING DETAILS
Listing Status: New
Asking Price: $525,000
Total Sales: $558,830
Cash Flow: $192,257
Real Estate Asking Price: N/A
FFE: $60,000
Inventory: $12,000
FFE Included in Sale: Yes
Inventory Included in Sale: No
Year Established: 2021
Employees: 1 FT / 2 PT
Description
Business Summary:
Great opportunity to own a popular and well-known dessert franchise in Baltimore, Maryland. The business is modern, fun, and serves delicious frozen ice treats, custards and more. The unique array of flavors are regularly updated keeping the offerings fresh and interesting. The franchise has excellent brand recognition and a strong presence in the market. The business is in a high traffic, densely populated area and the busy season is upon us.
There is a loyal and devoted customer base that swears by this brand as demonstrated by the growing revenue and cash flow in recent years. Why hassle with the headaches and buildout costs of starting a franchise like this from scratch when you can purchase a completely turnkey business! The owner is looking to relocate out of the area after founding this franchise location in 2021 and wants to ensure the business is in good hands moving forward. We don’t expect this opportunity to last long, so contact us today to learn more!
Description of Facilities: The facility is leased for $3,000/mo including triple net. The lease expires in 2035 and there is a 10 year option to renew. The business is situated in a very high traffic area with complementary businesses, restaurants, hotels, schools, and nearby residential communities in close proximity.
Competition: There is limited direct competition as the franchise offers a unique blend of products that isn’t easily duplicated along with a protected franchise territory.
Growth & Expansion: A new owner may wish to increase marketing and advertising and work with local schools and businesses to increase awareness and presence in the community.
Seller Financing Available: Yes
Seller Financing Terms: Seller will consider some seller financing depending on the final purchase price, terms, and qualifications of the buyer.
Reason for sale: Owner is relocating out of the area.
Training & Support: Seller will provide training and support.
For more information on this listing, please complete our Buyers Package starting with our Non-Disclosure Agreement
