MergerPlace

Specialty Ice Cream Shop

Utah


  • Asking Price: $125,000
  • Gross Income: $262,623
  • Cash Flow: $50,614
  • Real Estate: Not Disclosed
  • Inventory: $5,000
  • FF&E: $50,000
  • Listing ID: #209851
  • Established: 2014
  • Employees: 1 FT / 6 PT

Business Description

This niche ice cream business has been operating from the same location for the last 5 years and has demonstrated consistent sales growth each year. It is well-staffed and can run without significant owner involvement. The quality of the product is outstanding and the unique process keeps customers returning and business growing.


Business Details

Primary Business Category: Retail Trade - Food & Beverage Stores
Location: Utah

Company Information

Year Established: 2014
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 1 FT / 6 PT

Financial Information

Asking Price: $125,000
Gross Revenue: $262,623
Cash Flow: $50,614
FF&E: $50,000
Inventory: $5,000
Seller Financing Available: No

Property Information

Facilities:

The business is located in a premier lifestyle development in a highly trafficked area of town. The store is fully built out with all of the operating equipment and tenant finish work for a new owner to step right in to take over operations.

Growth & expansion opportunities:

A new owner could implement a number of initiatives to enhance the organic growth already taking place. This business lends itself well to the catering of a variety of events; which has not been exploited by the current ownership group. Social media marketing could be greatly enhanced. Also, "partnership programs" with local schools and other groups could greatly increase name recognition and business growth. Though ownership involvement is not required for successful operation, it would greatly enhance the growth of the business and enhance profitability.

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:

Other Businesses.

Support & Training:

Will train for 4 weeks @ $0 cost. There is no special license (other than a basic city license) required. Revenue comes primarily from in-house sales to walk-in customers.

Contact Business Seller

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Business Listed By:

Marvin Slovacek

Murphy Business Brokers