Italian Ice Company

Not Disclosed, NC
Wake County


Asking Price: Annual Revenue:
$65,000 $72,592

Food & Beverage: Coffee, Cafe, Dessert


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RE: Italian Ice Company Broker: George Bradbury
Owner Financing is Available!
As required by lender or negotiated

Quick Facts

Asking Price: $65,000
Annual Revenue: $72,592
Net Profit: $52,156
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $55,200
Real Estate: Not Disclosed
Year Established: 2011
Employees: 6
BBN Listing #: 6406351
Broker Reference #: ICE1 *716*

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Business Overview:

This business serves authentic New York Italian Ice Sorbet to customers or guests from its vintage carts, and retail location. They serve the most delicious water ice from five of their custom vintage carts or classic milk truck and include classically dressed servers, classic 1950's music, offering Champagne or Prosecco floats to their fully catered weddings and events clients.
They believe in promoting a passion for nostalgia. They accomplish this through beautiful design, simple ingredients, and their desire to create a charming and reminiscent atmosphere. The classically dressed servers offer the highest quality Italian Ice Sorbet adding a hint of sentiment to any special occasion. Their fully catered business focuses on: weddings, corporate events, family events, graduation parties, Bat/Bar Mitzvahs, pool parties, birthday parties and neighborhood events.
While the majority of their business comes from their years of experience and high standing in the weddings and corporate industries, their focus on festivals, farmers markets and Food Truck events continue to be a part of their business success.

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Property Features and Assets:

Although there is no direct competition in the space regarding style, presentation or product, there are alternative offerings in both the lower end snow-cone companies and high-end ice cream companies. Jay’s Italian Ice, Kona Ice and Snowie Bus. As this company focuses on higher end clients for the vast majority of their weddings and events catering business the top competitors are: Andea’s Ice Cream, Two Roosters Ice Cream and Mama Birds Ice Cream.

Market Competition and Expansion:

The growth opportunities in expanding the retail space and its offerings will optimize business expansion and streamline the current business model. Franchise or licensing potential of this company should be considered when considering future potential growth.

Reason for Selling:

Relocating

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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