Graeter’s Northern Kentucky Franchisee Puts Stores On The Block

Cincinnati Business Courier:

One of the two remaining franchisees for Graeter’s Inc.’s iconic ice cream has put his eight stores on the market.

The stores, located in Northern Kentucky and Lexington, are currently owned and operated by Elsmere-based International Brand Services Inc.

Company owner Zaki Barakat did not return phone calls requesting an interview about the sale.

But a listing on the business brokerage firm Keate Partners Ltd.’s website shows the franchise for sale. The listing says sales were in excess of $3 million for the past three years. The asking price is $2.75 million plus a transfer fee explained in the franchise disclosure document, according to the listing.

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