Profitable Food Franchise With Longstanding Community History For Sale - Business for Sale
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Sub Sandwich and Ice Cream Franchise Near Davenport, IA
Davenport, IA, US
Added 5 months ago
Restaurant & Ice Cream Franchise
Absentee / Semi-Absentee
This is a franchised sub sandwich and ice cream parlor business established in 2004, located in a small town near Davenport, IA, with no direct food competition along a 17-mile stretch and exclusive rights to operate an ice cream parlor in the area.
Key Information
Asking
$240K
Revenue
$268K
Earnings
$111K
Multiple
2.2x
Key Highlights
- Franchise with grandfathered privileges for an exclusive ice cream parlor
- Business established in 2004
- Fully remodeled in 2024 with all new equipment
- 11 employees: 1 manager, 1 assistant manager, 9 full-time and part-time staff
- Annual rent: $18,000 ($1,500/month)
- Located 15 minutes outside the Quad Cities, along Hwy 61 Bypass with no food competition for 17 miles
- Absentee ownership; business offers catering services and serves as the only ice cream parlor in the area
Contact Info
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