Established franchise ice cream business located in a shopping mall surrounded by Starbucks, A&W, & Walmart at Queensborough Landing in New Westminster. This business offers “the freshest ice cream on earth”, which is made fresh daily in store, personalized for each customer. In additional to ice cream treats, it offers non-fat frozen yogurt, ice cream cakes, catering for -schools, offices and social events.
With this business, the owner do not have to be there working all the time, the store is operated by experienced staff. Or it can be easily operate by one owner with a partner and 2-3 part-time employees to generate more income for the owner.
There are regular catering orders.
Buyer has to be financially qualified, English speaking and Franchise training is required in Calgary.
Vendor works a few hours per week at the store. Vendor is motivated to sell to the right person.
YEARS IN BUSINESS 4 year(s)
FLOOR AREA 1084 sq ft.
EMPLOYEES Fulltime: 1 Part time: 12
LEASE TERM 7 years + 10 years option
PARKING Mall free parking
ASKING PRICE $238,000
1100hr -2200hr May – September 1200hr -2100hr October – April
YEARLY OPERATING COSTS
Gross Rent: $47,867
Employee Wages: $64,644
Phone Interac: $2,000
Waste Removal: Included in rent
YEARLY EXPENSES $132,043
YEARLY NET INCOME $70,000 for one owner working 10 hrs week