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Buying a snow cone shack anyone ever owned one?

PRINTABLECOUPON 4,948 729 June 11, 2011 at 09:26 PM
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Buying one in a pretty good location and comes with everything including trailer.

Positives that i can think of:
3+ years at same spot
last season had 20k in sales still trying to find out how much in net profit.
good location

Negatives:
Tied to a distributor of flavors you get more selection but are required to pay extra per cup, still finding out pricing
rent is 450 a month while at the location, has a grid tie for power that runs 100 per month.


Asking 4k but might be able to negotiate it down to 3.3-3.5k

What questions should i be asking and what can i expect?

Permits are transferable and already have someone who will work it for the remainder of this season which here in texas should end in early september.

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#2
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#3
The very best advice I can give you about starting any business you have never worked in before is go get a job working in that particular business for 6 months before you make a decision to start that business.

You will learn far, far more than you ever will through asking questions and reading literature and you will not only do it for free, but actually get paid to learn. The information you learn will be invaluable in your decision-making process concerning whether or not to buy this business. And, if you do decide to buy this business, you will have already learned the countless details of the day-to-day operation of owning and running a snow cone stand.
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#4
Well, as you already should know your main concern should be location.

It's interesting. I can recall a shack placed at a major intersection within our town, located right in front of a gas station. Seemed to do well for awhile, but then business floundered. Whereas on the other side of town a shack was placed in a lot located next to a McDonald's. It was an alright spot, but you wouldn't notice it without looking for it. Yet, even despite the lack of advertising and notability they'll be opening up a second stand shortly!

In your situation the business sounds viable and has age. I'd promote the heck out of it. I don't know if there's a charge associated with the service but I'd look into Foursquare, Facebook Places and applications of the like. Make it known to passerby's that the business has new owners! Offer promotions and get in touch with any local little leagues within the area or church vacation bible schools.

Good luck though!
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#5
Our local Bruester's (like a DQ) went out of business lat December after 18 months in business. I was surprised, it was always busy, and I can remember riding by it on summer nights with a line 30 feet long at the walk up and the drive through stretched through the adjacent grocery store parking lot. A neighbor is friends with the owner and told me he could not pay the bills in the winter months. Now I am in NC and its only cold here for a couple of months and its just as likely to be 66` in January as it is to be 26`. So I was surprised to hear this.


The one thing i thought they should have done was sell coffee, especialy weekday mornings. There are no other drive throughs nearby, and they could have filled a need, as many people stop at the local Exxon station, but have to get out and go in to get it.
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#6
well the lady is crazy whos selling this she made the mistake of putting 4000 in ad when she meant 40000

needless to say i dropped out in a hurry
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#7
Wow. Around here my favorite one was alomg a major bicycle trail. The only real problem they seemd to have was the perk people.
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#8
Quote from PRINTABLECOUPON View Post :
well the lady is crazy whos selling this she made the mistake of putting 4000 in ad when she meant 40000

needless to say i dropped out in a hurry
say whaaaaaaaaa? i second the craziness of the lady! lol
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#9
I know this is a dead deal now, but $20k in sales last season? Why not just work at the footlocker at the mall? What in the hell is going to be left over after $20k in sales is spent on supplies and rent?
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E finita la cuccagna

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#10
Quote from slipgate View Post :
I know this is a dead deal now, but $20k in sales last season? Why not just work at the footlocker at the mall? What in the hell is going to be left over after $20k in sales is spent on supplies and rent?
get a college kid to run it?
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#11
Quote from Dr. J View Post :
get a college kid to run it?
I resent that! Roll Eyes (Sarcastic) lol
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