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#5729
Memphis Restaurants For Sale

Retail Ice Cream & Great American Cookie Company Franchise

$249,000
Retail Ice Cream & Great American Cookie Company Franchise
This Listing is Expired

This business is an SBA eligible ICE CREAM and COOKIE FRANCHISE that is ready to sell just in time for the hot summer!!! The buyer gets 2 franchises for the price of 1. This business is located in a major retail location and includes a mobile van that can cater any location in the Mid-South!!!! This business remained open during THE ENTIRE duration of the COVID 19 shutdown. BREAKING NEWS to qualified SBA buyers...As part of our corona-virus debt relief efforts, the SBA will pay 6 months of principal & interest on new 7(a) loans disbursed prior to September 27, 2020. Call me now to learn how to take advantage of this once in a lifetime opportunity to have the SBA make your first 6 month payments to acquire this ICE CREAM and COOKIE FRANCHISE. Please contact listing agent to learn about this business and how to use the SBA 7a loan program to acquire this business and have the government make your first 6 months payments!!!  Listing #101-16085

This is a Trent Lee, LLC listing.
Trent Lee DRE License #S.0183611

Lease

Region:
Memphis Restaurants For Sale
Lease Term:
Lease Expires 8/2026
Total Monthly Rent:
$5,780
Security Deposit:
$5,000

Financials

Last Year's Annual Gross:
$410,533

Operations

# of Full-Time Employees:
2
# of Part-Time Employees:
15
Year Established:
2016

Facilities

Inside Sq. Ft.:
2,450

Highlights

  • Ice Cream
  • Cookies
  • Franchise
  • Major Retail Location
  • SBA Approved

Financing

Will SBA Finance:
Yes
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 24,733 65,092 203,535
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 9,952 25,130 73,901
2010 Persons Per Household 2.41 2.46 2.52
Median House Value $252,700 $243,493 $181,786
Income Per Household $97,649 $89,993 $68,014
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 945 2,152 5,136
2012 Number Of Employees 30,562 85,304 213,650
2012 Total Annual Payroll $770,218,000 $2,290,153,000 $4,294,967,295

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Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Stone Path Brokerage Services, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it in addition to seeking professional advice from an attorney as well as a CPA.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate (if included in the sale), its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User and User should often review the listing on the website to keep up to date.


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