Broker Name:Moon Kim
Broker Email:info@v-aidgroup.com
Broker Phone:1-866-519-2421
Broker Address:2727 LBJ Freeway #775 Farmers Branch, TX 75234
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National Franchise Shaved Ice
(Food Related)
Denton, Texas
Listed Price: $ 950,000
Listing ID: 000679

Listing DetailsDown Payment: $ 237,500
Gross Revenue: $ 472,617
Cash Flow: $ 114,865
FFE: $ 65,000 (Included in Price)
Real Estate: $ 750,000 (Included in Price)
Inventory: $ 5,000 (Included in Price)
Reason for Sale:

Other Opportunities


Training & Support:

The owner of the business will provide the necessary training needed to smoothly transition into the business operation.


Listing SummaryBusiness Description:

Prime location free-standing franchise frozen dessert shop with drive-thru and patio in North Dallas is available for acquisition. This business was originally established over a decade ago in 2007 by the current owner of the business. Most of the customers are families with children of all age groups and demographic that lives in the surrounding densely populated residential neighborhoods. The visibility of this business is one-of-the-best in the area that can be easily spotted from the intersection and is placed optimally for easy accessibility. Net sales have in the rage of $500K-550K/year that has consistent over the last 3-4 years of operation with the help of corporate marketing and some local marketing from the owner of the business. Although corporate marketing is in place to help the business, other proactive marketing methods within the local area will be beneficial to the future growth of cash flow and acquisition of new customers from untapped areas within the city. Competition can be expected for many franchise businesses, but there is no competitor within the immediate market area that has product similar to this business. There are many ways to proactively market this business such as direct mailing, coupons, social media outlets and full-time owner involvement. Full-time owner-operator for this business will be extremely beneficial to the cash flow since this will cut unnecessary payroll expense for management and increase the overall quality of service as the owner will be there to delegate. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.


Competition:

There are no competitors within the immediate market area of this business.


Potential Growth:

Corporate provides some marketing nationwide and the owner with some local marketing, but other proactive marketing methods needs to be utilized to reach full potential.


Financing/Terms:

100% down at the time of closing or 25% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.


LocationSquare Footage: 1918
Facilities:

This business is located in a 1,918 SF freestanding building (1,378 SF of inside and 540 SF of outside covered patio) with a drive-thru installed that has high visibility from the street and is easily accessible. All equipment is in impeccable condition and in working order.


OperationYear Established: 2007
Employees: 2FT/10PT
Absentee Owner: No