Business Overview:
Light & Raphael is pleased to offer an ice cream shop for sale in Richmond, Virginia. The shop sells ice cream, milkshakes and coffee drinks. It has a strong social media presence and a loyal following in the community. Revenues were very strong in 2021.
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Property Features and Assets:
Location is leased.
Market Competition and Expansion:
As per the report from ResearchandMarkets.com, the US Ice Cream Market was valued at US$ 13.3 billion in 2020, and is expected to reach US$ 15.8 billion by 2027, rising at a CAGR of 2.49%. Ice cream is one of the most popular frozen dairy products in the United States. In the US, ice cream is considered the most popular dessert and comfort food in homes, bakeries, restaurants, hotels, and other establishments. According to the research study, more than 90% of Americans eat ice cream. The most popular flavor is chocolate, followed by vanilla. North America is currently one of the major ice-cream markets in the world.
Reason for Selling:
Owner wishes to pursue other business interests.
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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