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  • RE:  Established Italian Gelato Ice Cream
  • Contact:  Randy Shurbet
Owner Financing is Available!
Seller will consider some owner financing with credit and references.

Quick Facts

Asking Price: $349,000
Annual Revenue: $200,000
Net Profit: Not Disclosed
Cash Flow: $35,000
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2021
Employees: 1
BBN Listing #: 938278
Broker Reference #: 12571

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Business Overview:

The magnificent beaches of Gulf Shores Alabama are the perfect location for this well-established Italian Gelato Ice Cream and Fresh Baked Twister Cone business. The young owners of this business have succeeded in their mission to reinvent a food experience of the combination of authentic Italian Ice Cream with premium toppings inside of a hand-crafted Twister cone that is baked in front of the customer. Since the start of business in 2021, the sales have grown each year along with the popularity of the products. The fresh baked cones have become extremely popular with customers saying they have never had anything like the taste of the cones. One customer described the taste as almost pretzel like but with the taste of sweetbread. Another customer described the cones "Unbelievable". When combined with the authentic silky gelato of the highest quality, it has a taste that is indescribable, or as another customer said, it is "A One-of-a-Kind Treat". The current lease is $1,384 per month NNN, and there is approximately 1200 square feet of space. This is a turnkey business and includes all furniture, fixtures and Equipment. Will consider all offers.

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Property Features and Assets:

Facilities are extremely clean and have approximately 1,200 square feet of space. There is seating on the inside for 24 customers and outside seating for 12. The equipment includes two refrigerated ice cream display cases, a couple of under counter refrigerated units, cleaning cabinet, exhaust hood, chest freezer, shelving, 3 well sink, heavy duty mixer, shelving, Maxx Cold cooler, refrigerated sandwich maker, and a Clover POS system. The facility currently has a 100 score on the health permit, which is outstanding.

Market Competition and Expansion:

The competition on similar products does not exist for at least 8 miles from this location. The closest competitor has Gelato but not the Twister cones. The beautiful beaches of Gulf Shores are only about a mile from the business. The Trip Advisor rating for this business is 4.9 out of a possible rating of 5. The area is experiencing tremendous growth and is rated one of the fasting growing communities in the state of Alabama. Last year, the area had 8 million visitors to the area spending $7 billion in retail sales. 

Reason for Selling:

Growing Family

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

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