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Business for Sale Summary

Mobile Italian Ice Business for Sale in NC - 34984

Business Type: home-based business,other eating & drinking places,other food stores,ice cream parlour/frozen yogurt stores
Mobile Italian Ice Business for Sale in NC
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This business has received 81 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $125,000 Down Payment $125,000
Gross Revenues $200,000 Lease Remaining Register Free to View
Owner’s Cash Flow $140,000 Number of FT Employees Register Free to View

Financing

$125,000 Down and

Business Description

This North Carolina-based Italian ice business is now available for sale, offering a profitable and mobile investment opportunity. Impressive track record of 300 events per year across multiple counties in NC (Rowan, Forsyth, Randolph,Guilford and mainly focused in Davidson). Potential to earn up to $1500 a day with incredible profit margins. The business comes equipped with $52k worth of equipment, including carts, trailers, trays, and boards, and can be operated from a cell phone with just a truck, SUV, or Jeep to haul the trailer. The owner has connections with suppliers to obtain rock-bottom prices and is willing to help make the transition as smooth as possible for the new owner. Each pallet of Italian ice cost $2600 and is sold for $12,000 at current prices (4000 cups x $3). The experienced team of 8 has established deals with sports festivals, sports complexes, high schools, colleges, and more. The potential for growth is unlimited, with no ceiling on how much the business can be scaled up. Price has been $3/cup since 2014 - easy opportunity to increase to $4/cup and raise cash flow tremendously. To learn more about this incredible opportunity, interested buyers can contact the listing broker.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.