Primary Category:Ice Cream & Frozen Yogurt Shops for Sale
An ice cream store has been in existence at this location since 2009. The current owners purchased the business in 2012. It operates as a Limited Liability Corporation. There is no real estate included as part of the sale as the business leases its space.
This business is a small family-owned retail ice cream parlor and candy store open year-round. Its goal is to offer top quality ice cream and ice cream creations such as cakes, pies, pizzas, and ice cream sandwiches. The shop also features bulk candy that a customer would remember from his childhood and also features many different types of soup when the weather gets cooler. Located between New Hampshire’s Lakes Region and the White Mountains, the store is centrally located in a picturesque New England college town. The shop offers a warm, inviting atmosphere, reminiscent of the ice cream parlor/soda fountains of yesteryear with seating inside for 18. In the warmer spring, summer, and fall seasons, outdoor seating for an additional 12 is also available for customers to enjoy people watching on the streets of downtown.
Financial Information
$310,000
Asking Price
$126,091
Cash Flow
$492,830
Gross Revenue
N/A
Down Payment
Yes
Financing
N/A
Adjusted EBITDA
Business Location
City:
Confidential
State:New Hampshire
Financing Comments
Minimal seller financing available depending upon the strength of the deal.
Detailed information
Year Established:2009
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Part-Time Employees:15
Contractors:N/A
Owner Worked Hours/w:20
Inventory Included: No
Inventory Value:
$3,000
Monthly Rent:
$1,350
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 1026
FF&E Included?: Yes
FF&E Value: $48,970
Training/Support
The owner is looking to semi-retire. She is willing to stay on and train for two weeks after the transfer of the business at no charge. Depending upon the needs of a buyer, she would also be willing to stay in whatever capacity to assist in the transition of the business.
Facilities
The ice cream shop is housed in a well maintained 1026 square foot commercial space. The building is in generally good condition. The lease is assignable. Tangible assets include all furniture, fixtures, and equipment required for the ongoing retail operations. All furniture, fixtures, and equipment are in good to excellent shape. The public areas around the building are clean, well maintained, comfortable, and appealing to customers.
Market Outlook/Competition
Although there are other places in town to find ice cream, this shop maintains its competitive edge by only offering premium ice cream as well as featuring candy, soups, and ice cream creations. Their employees are friendly, attentive, and actively involved in their community. The shop is strategically located in the heart of a busy downtown area, surrounded by ample public parking.
Real Estate Description
The ice cream shop is housed in a well maintained 1026 square foot commercial space. The building is in generally good condition. Current rent is $1350 per month and the lease, which is assignable, runs through December 31, 2027. The public areas around the building are clean, well maintained, comfortable, and appealing to customers.
Save
