Business For Sale

Profitable Frozen Food Business

Not Disclosed, HI
Kauai County

Resort Area

Asking Price: Annual Revenue:
$407,000 $539,859

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Profitable Frozen Food Business Broker: Seller of Business

Quick Facts

Asking Price: $407,000
Annual Revenue: $539,859
Net Profit: Not Disclosed
Cash Flow: $142,159
Total Debt: Not Disclosed
FF&E: $98,314
Real Estate: Not Disclosed
Year Established: 2008
Employees: 4
BBN Listing #: 201048018
Broker Reference #: Not Disclosed

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Business Overview:

A successful and growing frozen dessert business is available on the Garden Island of Kauai. This is a family owned and operated business which has established itself as one of the best-frozen dessert stores on the island. Location is great and the business is growing and has multiple additional growth opportunities. The business caters to retail and wholesale customers. This is a confidential listing. The owners are motivated to sell the business but also to do all they can to ensure a successful transition. This is a business that is not ideal for a hands-off owner.

Through 10/30/18, 10 month ytd revenue increased more than 17% over the same period, 2017. The business, while mature, continues growing. The owners are committed to helping the new owners understand the opportunities available and ensure they successfully maintain the current growth rate and continue moving it forward. They are selling the business due to personal decision to relocate back to the mainland.

This business is unique as it is the only business of its kind on Kauai. Just about everything is made in house, contributing to high gross margins and a great deal of pricing elasticity. This a fun and rewarding retail business in which every day you receive the most amazing feedback from customers about the quality and taste.

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Property Features and Assets:

All assets and a prime retail space located with a long-term lease in place. The sale includes all assets, inventory and items required to continue to operate as it does today. A complete list of equipment will be provided during the due diligence period.

Market Competition and Expansion:

Competitive marketplace with a large number of tourists. With the store being located within walking distance of over 40% of the available guest rooms, there is likely to be a large number of repeat visitors. Tourism continue to grow on Kauai and there appears to be no reason why 2019 will be any different in term of record visitors and average spending while on island.

Reason for Selling:

Owners will be relocating to the Mainland.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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