Owners want to retire by year-end!
This established franchise is an excellent opportunity for a low cost entry into a turn-key business. The current owner is ready to retire and the time is right for a new owner to inject the resources needed to bring this business to the next level. There are multiple income streams that are not being taken advantage of today and the price of entry is half of what it would be to start from scratch.
Store is in a great location downtown. Close to Baylor University, Magnolia Market, Dr. Pepper Museum and all the highlights that make downtown Waco the place to be.
- Asking Price:
- $99,900 Furniture / Fixtures included
- Sales Revenue:
- $240,000
- Cash Flow:
- $30,000
Property Information
- Location:
-
Waco, TX (McLennan County)
- Premises Details:
-
Approximately 1400 sf inline store neighboring several restaurants, sporting goods and tourist attractions. Fronts to major thoroughfare and hard corner to one of the most traveled streets in Waco.
- Size in square feet:
- 1,400
Business Operation
- Expansion Potential:
-
Extraordinary growth opportunities by expanding hours, initiating franchise catering methods, educational science demonstrations and community outreach programs that are just too much additional work for the current owners.
- Competition / Market:
-
Few ice cream shops and food trucks in the area. The concept of nitrogen frozen ice cream is an entertainment process in itself. Kids and adults alike are fascinated at the scientific display of freezing ice cream from liquid form.
- Reasons for selling:
-
Owners are retiring.
- Employees:
- 4
- Years established:
- 2017
Franchise Information
- Franchise opportunity:
-
Franchise Resale
- Franchise terms:
-
This business is an established franchise
Other Information
- Support & training:
-
Current owner will assist in the transfer. New owner must be approved as Franchisee and will be required to attend franchisee training as per Franchisor. Further owner assistance will be negotiated pre closing.
- Financing available:
-
Cash at Closing/Franchisor approval required.
- Furniture / Fixtures value:
- $50,000 - included in the asking price
- Inventory / Stock value:
- $9,000
