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Established Gelato and Tea Shop in Fargo, North Dakota. $69k Cash Flow, Seller Financing is Available. 53960
Restaurants & Food Businesses for Sale
- Primary Industry: Ice Cream & Frozen Yogurt Shops
Established gelato and tea shop in Fargo, North Dakota market. Independent model with significant growth opportunities, perfect for individuals looking to be their own boss and scale an existing concept.
Additional features include:
• Opportunity operates in an industry that is projected to grow at a 6% annualized growth rate in a geographical market expected to expand by 17% in the next decade.
• Ability to step into a turnkey operation that generated $396k in revenue and $69k+ in cash flow benefit to the owner in 2023.
• Significant opportunities for growth. The new owner could immediately add additional revenue streams by offering catering, expanding partnership, adding special events, and increasing the number of locations.
• Business operates in a high traffic location with a unique product offering. There is limited competition in the current market.
• The brand has a strong local presence and has been featured in local print, radio, and television.
Sunbelt listing ID: 53960.
Financial Information
- $160,000 Asking Price
- $69,332 Cash Flow
- $395,969 Gross Revenue
- $48,000 Down Payment
- Yes Financing
Business Location
- City: Confidential
- State: North Dakota
Reason for Sale
- Other Opportunities
Detailed information
- Year Established: 2018
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: No
- Part-Time Employees: 9
- Contractors: N/A
- Owner Worked Hours/w: N/A
- Inventory Included: Yes
- Inventory Value: $16,300
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: $0
- Building Size: 1460
- FF&E Included?: Yes
- FF&E Value: $36,250
Business Listed by
Sunbelt Business Advisors
Sunbelt of MinneapolisContact Business Broker
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