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South East Memphis

  • Listing No.: 101-16085

  • Category: Food - Bakery, Food - Restaurant, Franchise

Asking Price $299,000.00
Down Payment $200,000.00
Gross Revenue $389,922.00
Total Adjusted Net Income $96,312.00
Equipment / Fixtures $113,000.00
Year Established 2016
General Location South East Memphis
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This established location has tremendous growth potential. Located in a popular shopping plaza where customers conveniently come to you. Opportunity to own two established cookie & frozen dessert franchises. Business has positive cash flow and is in a highly desired area. This niche business has been operating in the same location for over 4 years and has been named best ice cream & dessert place for 3 years running. It is well-staffed and can run without significant owner involvement. Location has extra room to host on-site parties, as well as a loading dock that can support future growth. In addition, the business has a mobile van that sells at events such as school functions, sporting events, parties, food truck events, and work sponsored events. Call or email for more details.

Gross Revenue $389,922.00 Listed Price $299,000.00
Total Income $96,312.00 Down Payment $200,000.00
Base Rent $4,788.58 Square Feet 2450
Total Rent $5,780.00 Lease Expiration 8/2026
Rent Deposit $5,000.00 Lease Options
Inventory $10,000.00 Leasehold Improvements $250,000
Equipment / Fixtures $113,000.00 Other Assets
Full-Time Employees 2 Training Period 5 days
Part-Time Employees 15 Special License Required Food License
Contract Staff Reason for Selling Owner retiring and moving out of state

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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