Ice cream maker and retail-great neighborhood

Saint Paul, MN
Ramsey County

Metro area neighborhood

Asking Price: Annual Revenue:
$75,000 $900,000

Food & Beverage: Catering, Food Preparation

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RE: Ice cream maker and retail-great neighborhood Broker: Bob Griesgraber
License #: 521686

Quick Facts

Asking Price: $75,000
Annual Revenue: $900,000
Net Profit: $100,000
Cash Flow: $100,000
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 10
BBN Listing #: 630340231
Broker Reference #: 8296

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Business Overview:

Very successful ice cream maker and retailer is leaving and selling fixed assets. Excellent neighborhood location-about 3000 square feet. Leased space. Very successful store with over $900,000 in sales and very profitable. Business had retail sales. in store and sidewalk seating, delivery and catering.
Everything needed for operation is staying-over $165,000 in equipment and 118,000 in leasehold improvements. "Turn key" (with new signage).
Super location with a mix of residential and retail/service businesses. Lots of traffic.
Asking only $75,000.

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Property Features and Assets:

Build out is done and perfect for operation. Great location in a great neighborhood. Fully equipped -everything "in place". 3,000 square feet-about 1,500 for the kitchen area.

Market Competition and Expansion:

Specialty store.

Reason for Selling:

Moving out of state.

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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