Ice Cream Shop

Not Disclosed, PA

Asking Price: Annual Revenue:
$350,000 $91,728

Food & Beverage: Coffee, Cafe, Dessert

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RE: Ice Cream Shop Broker: William Ilgenfritz

Quick Facts

Asking Price: $350,000
Annual Revenue: $91,728
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $277,982
Real Estate: Not Disclosed
Year Established: 2011
Employees: 12
BBN Listing #: 59034955
Broker Reference #: 2603-15491

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Business Overview:

Tons of potential to expand hours and/or to expand to other areas and other services for this business that is loved by its customers! This ice cream, frozen yogurt and non-dairy frozen treat business is a neighborhood ice cream shop with a strong customer following even beyond the neighborhood. Some of their flavor names include the name of a customer who suggested the flavor and there’s a bit of competition and a lot of friendly banter about how to get your name on the menu. Their products are made on site in small batches and they have developed 600 recipes. This shop does its own in-house nut roasting and baking for inclusion in their recipes.

In 2019 and 2020, this business was not open for full seasons, which was typically mid-March to Mid-October in previous years, due to owner health issues and COVID-19 regulations. The revenues for 2020 are impressive for only operating a 10-week period so far as of September, with sales reaching nearly $115,000 in only 4 hours a day, 7 days a week.

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Property Features and Assets:

The business is located in a commercial space and occupies about 1,000 square feet at its current location. There is a large parking lot where customers can park for free. It is in one of the main business areas of the neighborhood. Assets=$277,982

Market Competition and Expansion:

There are no other companies in the area that offer homemade ice cream or that have the variety of frozen treats this business offers. This industry has shown growth over the five years to 2018. The industry benefits from its popularity with young children and elderly individuals. Both of these age groups are expected to increase their share of the total population during the current five-year period. The unique offerings and neighborhood feel of this business offer great potential for growth. Expanding into catering, custom ice cream cakes, shipping, online ordering and opening additional locations are opportunities the current owners have considered for growth.

Reason for Selling:

Health Reasons.

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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