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Profitable Food Franchise With Longstanding Community History For Sale

Davenport, Iowa, US
Asking Price:
$240,000 Furniture / Fixtures included
Sales Revenue:
$268,000
Cash Flow:
$111,000

HS Listing ID-66749

Nearly 25 years under current ownership.

Fully remodeled in 2024, including new equipment.

Located along a busy highway with no food competition for 17 miles.

Consistent customer base fueled by businesses and community events.

Offers catering services.

Strong community reputation with long-term employees.

Fully staffed with 11 employees:

1 Manager

1 Assistant Manager

9 Full-time and Part-time Staff

Current absentee ownership; significant upside for hands-on owner

Franchise grandfathered privileges for ice cream parlor

Growth Opportunities:
Return to owner-operated model to reduce wages and increase profitability

Expand catering services to nearby businesses and community events

Maximize marketing within city.

Develop partnerships with the nearby businesses.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Lease

Leasehold Rent:

$18,000 per annum

Business Operation

Management type:
This business has absentee ownership.
Reasons for selling:

Other business interests.

Employees:
11

Other Information

Support & training:

Yes.