Ice Cream Store for Sale in Richmond, VA

Richmond, VA
Richmond City County


Asking Price: Annual Revenue:
$120,000 $250,000

Food & Beverage: Coffee, Cafe, Dessert


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RE: Ice Cream Store for Sale in Richmond, VA Broker: Gavin Raphael
Owner Financing is Available!

Quick Facts

Asking Price: $120,000
Annual Revenue: $250,000
Net Profit: $70,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $70,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 2
BBN Listing #: 808348609
Broker Reference #: Not Disclosed

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Business Overview:

Light & Raphael is pleased to offer for sale a successful ice cream store in Richmond, Virginia. The store offers a number of signature and seasonal flavors and has a strong local following. The store has a very strong social media presence and has been featured in a number of publications.

Financing possible for a qualified buyer.

Seller will provide support and training following the sale.

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Property Features and Assets:

Location is leased. The business has substantial assets which convey with the sale.

Market Competition and Expansion:

The North America ice cream market is expected to register a CAGR of 4.1% during the forecast period, 2018 to 2023. The rise in income along with an increased indulgence for sweet dishes drives the growth of this market. The sales of low-quality ice cream have been declining due to the increased preference for premium ice cream. The innovative flavors that companies have come up with act as a major driver for this market. Moreover, private labelling reduces the price of ice creams, thereby increasing the demand. The sales of basic variety ice creams have been declining in favor of premium ones. Currently, the United States is leading the way due to the introduction of handcrafted ice creams, which is relatively linked to the market maturity.

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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