Multi-Unit Pelican’s SnoBalls Opportunity in Norfolk, VA
Annual Sales – $283,000
Years in Business – 4 years/ 3 years
Low Overhead Business with Great Margins!
Owning a Pelican’s SnoBalls stand can be a rewarding opportunity! Our franchise is quickly growing with over 160 locations across the country. Franchise owners have the support of a network of owners and the excitement of connecting to their local community by delivering fun, bold flavors in our unique shaved ice.
This opportunity includes two existing locations that are well established with staffing in place. The business is seasonal and typically opens the first of March and closes at the end of October. This is a great opportunity for a second income or would easily provide a good income for someone who would be interested in working eight months and having four months off per year. With very little overhead, these two businesses combined for a profit in 2018 of $80,000.
The seller is willing to pay the rent through February while the stores are closed for the winter. The seller lives in a different state and the locations are run by hourly employees. For someone who is willing to invest their full time, there is a lot of growth opportunity with these businesses.
For a qualified buyer, an SBA loan would be available with approximately 20-30% down. Inquire below to learn more about this fantastic opportunity.