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Quick Sale! Absentee-Owned Ice Cream Store in Mobile, AL

Mobile, AL (Mobile County)

Quick Sale! Absentee-Owned Ice Cream Store in Mobile, AL
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Asking Price: $69,000

Cash Flow: $57,000

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Quick Sale! Absentee-Owned Ice Cream Store in Mobile, AL

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Business Description

Please do not speak to any employees because the seller relies on his employees to run the store. Seller will not do a deal with you if any employees become aware that the business is for sale.

Absentee-Owned! Profitable independent ice cream store! No franchise royalties or transfer fees! Perfect for an owner-operator.

Yearly Revenue is approximately $144,000 or $12,000 per month! Seller started the business from nothing 1 year ago and the business is already profitable! Seller is selling to make more time for their family.

Net profit is nearly $60,000 for the first year in business AFTER paying all expenses, rent, and a payroll of $36,000 per year! An owner-operator can generate nearly $100,000 in income working at the store!

3-year renewable lease available. Rental increase is $100 every year. Total rent including CAM and water is extremely low at only $1,400 per month!

Incredible hours! Business is only open Monday thru Thursday 12pm to 9pm and Friday thru Sunday 12pm to 10pm!

Absentee-Owned! Sellers only do payroll and paperwork for the store. Currently 4 part-time employees and 1 shift manager on payroll.

Store can easily accommodate hot food in the business. The space originally had a restaurant prior to the ice cream store! There is a grease trap and a hood can easily be installed!

Located in a popular shopping plaza surrounded by schools, banks, and major retail stores.

Quick Sale! Asking Price: $69,000 + inventory. Inventory is approximately $3,000.

If interested, please call us anytime at (770) 415-9940.

Detailed Information

Location:
Mobile, AL
Facilities:
No franchise royalties or transfer fees! Perfect for an owner-operator.
Competition:
Located in a popular shopping plaza surrounded by schools, banks, and major retail stores.
Growth & Expansion:
Store can easily accommodate hot food in the business. The space originally had a restaurant prior to the ice cream store! There is a grease trap and a hood can easily be installed!
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Kavita Purohit

Business Listed By:
Kavita Purohit

River Brokers Real Estate

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