Cold Stone Creamery, Owensboro, KY / #4379

Undisclosed Address, Owensboro, KY 42301
Business Opportunity for Sale
Catylist Listing ID: 30448581
Property Subtypes: Food and Beverage
Building Size (RSF): See Agent
Sale Price: $409,500
In Opportunity Zone? Yes
Name of Establishment: Cold Stone Creamery
Franchised Business: Yes
Year Business Established: 2007
Gross Revenue: $461,000 (Annual)
Cash Flow: $80,794 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Last Updated: 11/15/2019

Overview / Comments

Ice Cream Franchise For Sale with 2 locations.
One is a satellite located in the downtown area and is open according to what is happening with different venues in the downtown area. It does approximately 25% of the sales and is only open from March to November. It requires only 2 employees to run.
The main location is a full size - full time location with 13 employees and 2 owners. They have been in business for over 12 years at the main location and 6 years at the satellite location.

** Financials available with signed CA

Additional Details

Industry Segment: Other Food and Beverage
Reason for Selling: Retirement
Value of Inventory Included ($): $5,000
Value of Furniture, Fixtures, and Equipment ($): $115,000
Value of Real Estate Included ($): $0

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,199 57,343 69,712
Median Age: 34.97 38.44 38.64
Households: 2,809 24,046 28,817
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