Established Carvel Franchise in Harrison, NJ - Business for Sale
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Carvel Ice Cream Franchise in Harrison, NJ
Harrison, NJ, US
Added 2 days ago
Ice Cream Franchise
15 years in business
This business is an established Carvel ice cream franchise located in Harrison, New Jersey, operating from a leased 1,200 square foot commercial space near residential neighborhoods and a major stadium.
Key Information
Asking
$549K
Revenue
$484K
Earnings
$194K
Multiple
2.8x
Key Highlights
- Established Carvel ice cream franchise located in Harrison, NJ
- 15 years in operation
- 2024 Gross Sales: $495,989; 2025 Gross Sales: $471,907; 2026 Projected Gross Sales: $486,000
- Estimated equipment value: $130,000
- Owner-operated with 3 employees
- Premises: approximately 1,200 square feet; rent and CAM approximately $5,000/month
- Lease: approximately 1.5 years remaining with one five-year renewal option at a 3% fixed increase
- Franchise agreement: approximately 17 years, 8 months remaining
Contact Info
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