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Absentee-Owned Ice Cream Franchise in Buford, GA near the Mall! Huge Potential for Owner-Operator!!

RestaurantsFor Sale in Buford, GA

Financial & Assets Details

$251,808
$65,760

About the Business

Business Description

Newly Built Out Ice Cream Store in Buford, GA! High Traffic Location! Perfect for an Owner-Operator!

This store is 100% Absentee-Owned and the Sellers do not live in Georgia. So PLEASE do not talk to the employees working at the store. The Seller will not do a deal with you if employees find out the store is for sale.

Sales are currently $13,450 per month. Sales in 2019 were over $23,000 per month! Sellers built a brand new store in the strip mall.

Net Profit before payroll based on 2019 numbers is over $5,500 per month! Owner-operator and family can improve the sales of the store dramatically compared to the Sellers who are not even in Georgia!

Currently, the business is breaking even due to paying a high amount of payroll (over $5,000 monthly) and the Sellers are not actively improving the sales of the store because they are not local. The store can start being profitable with an Owner-Operator!

Rent is only $6,000 with all utilities included. 5+3-year renewal option. 3% increase in rent every year.

Ice Cream store specialized in using liquid nitrogen to prepare creamy & rich, handcrafted ice cream right in front of your eyes! Store uses high quality, premium, natural and organic ingredients with over 60 different flavors and toppings! One of the fastest growing liquid nitrogen ice cream franchises! The franchise has another location in Metro-Atlanta with a lower traffic count that is highly profitable! This location can exceed those numbers due to the higher traffic count and higher population density in the area!

Average daily traffic count at 32,800! Total population within a 5 mile radius is about 147,400!

Easy access to I-85. Surrounded by major department stores, fine dining restaurants, apartment homes, banks, and other major retailers.

Asking Price for the Business is only $149,000 + inventory! Franchise transfer fee is $10,000.

PLEASE do not speak to employees! Sellers are 100% Absentee-Owners and will not do a deal with you if employees find out the store is for sale.

If interested, please email your full name and best contact number to info@riverbrokers.com

Listing ID: Buford149k

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