Middlesex County, MA Business - Ice Cream/Restaurant - George & Company

Major Growth Potential 15533

Asking Price: $79,000

Cash Flow: $25,000

Gross Revenue: $150,000


FF&E: $117,000

Inventory: $10,000*

Lease Rate: $3,000 /Month

Established: 2006

Seller Financing Available

*not included in asking price.

Business Description

Ice-Cream / Restaurant

From ice-cream TO full restaurant

This seasonal ice-cream stand in a great location can easily be transformed into a fantastic year-round restaurant.

Bring your ideas & make it your own

Fast Food / Breakfast & Lunch

Detailed Information

Inventory: Not included in asking price

Real Estate: Leased

Building SF: 2,100

Lease Expiration: N/A

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

Facilities: The business operates from a leased facility, owned by the same ownership of the business. Owner will consider doing renovations to the facility for the right buyer. As well a negotiate a reasonable long-term lease to a qualified buyer. $36,000 per year or $3000 per month for over 2100 sf of space plus all outside dining, tables & parking.

Growth & Expansion: There is a tremendous opportunity for growth, as the seller is willing to work with a new owner by doing renovations that can bring this business to its next level

Financing: Possibly some seller financing for a well-qualified buyer with experience.

Reason for Selling: Currently owned & run by a multiple business owner.

Contact: Lori Jacobson

Contact Phone: 508-753-1400  

Contact Email: info@georgeandco.com  

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