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Franchised Ice Cream Distributor Queens - Long Island With Huge Growth Territory Upstate

Franchised Ice Cream Distributor Queens - Long Island With Huge Growth Territory Upstate
New york (Nassau)

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Disclaimer

Disclaimer: The financial information herein has been provided by the seller. East Coast stores or east coast business brokers or its brokers make no claim to have verified this information. We recommend that the buyer conduct his own do diligence and perform the financial verification needed to conclude any due diligence. The buyer understands that they will hold ECS or ECBB harmless of any claims resulting in misrepresentation by the seller.

Non Confidential Information

Property Information

Listing Number:

12042

Business Type:

Franchises

Business Category:

Desserts / Coffee

State:

New york

County:

Nassau

Other Information

Financial Information

Asking Price:

$5,400,000

Gross Income:

$3,600,000

Cash Flow:

$1,100,000

Seller Financing:

Confidential Information

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Business Description

This Franchised Ice Cream distributor has been bringing the very best ice cream and frozen treats to kids and families since 1956. This company is the largest franchisor of soft ice cream trucks in the United States. This has been achieved through quality truck construction, advertising and most importantly by the efforts of the great people that make up the franchise dealer organization.

This company has over 800 trucks and over 350 franchise dealers operating in 18 states. This particular listing is a SUB-Franchisor with 140 units under its umbrella with the untapped territory for the potential to have 200 more trucks through the same strategic growth modeling. Each Franchisee has a franchise agreement and 2-3 per year franchise fee and must purchase product from the Sub-Franchisor. They Take pride in the product they build and the diverse background of our dealer organization. The Territory is Western NY Region and Rockland to Albany untapped. Perfect for a PE group to grow this to a monster roll-up. If you would like more information about the opportunity here please register with Henry Galasso www.eastcoastbusinessbrokers.com/register Please Have a minimum of 5++ million liquid in hand to discuss this opportunity or to see the pitch deck. Property NOT included in the purchase price of 5mm PLUS 13mm Western Nassau RE + 1MM Suffolk RE County Total acquisition price 19mm Ask.