MergerPlace

Niche Ice Cream Shop

Utah


  • Asking Price: $100,000
  • Gross Income: $147,568
  • Cash Flow: $21,413
  • Real Estate: Not Disclosed
  • Inventory: $4,000
  • FF&E: $36,000
  • Listing ID: #202560
  • Established: 2011
  • Employees: 6 FT/6 PT

Business Description

This business is an ice cream/yogurt franchise that is fully equipped and operational. Employees are in place and functioning. Outstanding concept and great, very busy location. Sales growth from 2016 to 2017 will be roughly 20% year over year.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Utah

Company Information

Year Established: 2011
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 6 FT/6 PT

Financial Information

Asking Price: $100,000
Gross Revenue: $147,568
Cash Flow: $21,413
FF&E: $36,000
Inventory: $4,000
Seller Financing Available: No

Property Information

Facilities:

The facility is 1,400 square feet with all the equipment and seating in place.

Growth & expansion opportunities:

This store has shown a 20% year over year sales increase in 2017; this is primarily due to involvement from the owner to drive the business. There still remains a great deal of potential growth by increasing event and catering marketing.

Competition:

There are many ice cream shops in the greater Salt Lake area, but this particular franchise has a unique twist that gives them a quality and taste advantage as well as an interest factor advantage.

Reason for selling:

Owners are moving out of state.

Support & Training:

Will train for 4 weeks @ no cost. There is no special license (other than a basic city license) required. Revenue comes primarily from in-house sales to walk-in customers. However, catering and special events have recently become a more significant part of the business.

Contact Business Seller

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Business Listed By:

Marvin Slovacek

Murphy Business Brokers