Asking Price: $549,000 | Inventory & Franchise Transfer Fee Included
Location: Harrison, NJ
BUSINESS OVERVIEW
Excellent opportunity to acquire an established ice cream franchise in Harrison, New Jersey. This operating business offers a recognized national brand, existing equipment, established operations, and a local customer base.
FINANCIAL HIGHLIGHTS
- 2024 Gross Sales: $495,989
- 2025 Gross Sales: $471,907
- 2026 Projected Gross Sales: $486,000*
- 2024 SDE: $193,801
- 2025 SDE: $189,802
- 2026 Projected SDE: $197,800*
SDE figures reflect the seller’s calculations, including the amortization adjustment. The 2026 figure is projected, not finalized. Buyers should independently verify financials, add-backs, and projections during due diligence.
OPPORTUNITY HIGHLIGHTS
- Established ice cream franchise in a commercial center in Harrison, New Jersey.
- High-visibility and event-driven commercial location, near residential neighborhoods, within walking distance of school grounds
- 15 minutes walk/5 minutes drive from a major sports stadium with exposure to soccer matches and event traffic
BUSINESS FEATURES
- Approximately 1,200 square feet
- Estimated equipment value of approximately $130,000
- Owner-Operated with 3 existing employees
- Established production and service operations
- Recognized national franchise brand
Potential for growth through local marketing, community promotions, celebrations, and event-related sales
The owner currently handles management, purchasing, deliveries, opening operations, and production.
LEASE & FRANCHISE
- Rent and CAM: Approximately $5,000/month combined
- Remaining lease term: Approximately 1.5 years
- Renewal option: One five-year option with a fixed 3% increase, subject to lease terms
- Remaining franchise agreement: Approximately 17 years, 8 months
- Franchise transfer fee: $15,250, included in the asking price
The real estate is leased separately and is not included in the sale. Lease assignment or renewal and franchise transfer are subject to landlord and franchisor requirements and approvals.
INCLUDED IN SALE
The $549,000 asking price includes the operating business, existing equipment, inventory, and the $15,250 franchise transfer fee. The approximately $130,000 equipment value is an estimate, not an independent appraisal. Inventory is included, with the quantity and condition transferred at closing to be confirmed.
IDEAL BUYER
Well suited to an owner-operator, existing food-service operator, or qualified buyer seeking an established branded dessert business rather than starting from scratch.
Serious inquiries from qualified buyers are welcome. Buyers should be prepared to verify financial performance, review the lease and franchise agreement, and demonstrate financial capability. Proof of financial capability and franchisor approval required.
