Business For Sale

Very Profitable Popular Ice Cream Shoppe!

Passaic, NJ
Passaic County


Asking Price: Annual Revenue:
$299,000 $438,822

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Very Profitable Popular Ice Cream Shoppe! Broker: Seth Kain

Quick Facts

Asking Price: $299,000
Annual Revenue: $438,822
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: Not Disclosed
Year Established: 35
Employees: 8
BBN Listing #: 10152979
Broker Reference #: 6151SK

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Business Overview:

1,125 square feet. Approximately 900 square feet inside the store along with approximately 225 directly out back (partially enclosed area). 6 spaces along with room for one other car in their own lot. Metered parking on the street. Owners have 6 years left on their lease. A new qualified owner can get a minimum of 6 years with a pretty good chance to get a longer lease if so desired.

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Property Features and Assets:

1,125 square feet. Approximately 900 square feet inside the store along with approximately 225 directly out back (partially enclosed area). 6 spaces along with room for one other care in their own lot. Metered parking on the street. Owners have 6 years left on their lease. A new qualified owner can at minimum of 6 years with a pretty good chance to get a longer lease if so desired.

Market Competition and Expansion:

There’s only one ice cream shop, but it’s a good mile away in the next town. There’s several in a different neighboring town. Though most of them are “chain” shops, and most are a bit further away. Since this shop has a wide array of menu items including deli and hot food mentioned above, the only thing a new owner could do to expand it to offer delivery service within their town.

Reason for Selling:

The two owners are both retiring.

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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