Premium Ice Cream/Gourmet Coffee Shops for Sale

Memphis, TN
Shelby County

Asking Price: Annual Revenue:
$600,000 $978,754

Food & Beverage: Coffee, Cafe, Dessert

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RE: Premium Ice Cream/Gourmet Coffee Shops for Sale Broker: Chris Ollis

Quick Facts

Asking Price: $600,000
Annual Revenue: $978,754
Net Profit: Not Disclosed
Cash Flow: $180,468
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2017
Employees: Not Disclosed
BBN Listing #: 421855645
Broker Reference #: Memphis Ice Cream & Coffee

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Business Overview:

Fully staffed with two prime locations make this a turn-key business that is cash flow positive and highly scalable. The menu includes gourmet hot and cold brewed coffees, breakfast items, and premium ice cream with multiple flavors. This venue provides appeal all hours of the day and for customers of all ages. High revenues are generated in a small footprint, and the streamlined business model results in strong net profits. A manager is on staff, making this a great opportunity for a semi-absentee owner or for someone that wants to be fully involved. Online reviews are extremely high, resulting in many new and repeat customers.

The purchase includes all branding, furniture, fixtures and equipment for operation. Ice cream production equipment is also included, with capacity to support growth. This business model provide flexibility for an entrepreneur to consider expanding either with additional shops or by selling premium ice cream to other restaurants or stores.

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Property Features and Assets:

Two prime locations. Fully furnished. Ice cream production equipment included with capacity to support additional expansion.

Market Competition and Expansion:

Great variety of premium items that appeal to all ages, all day, year-round. The new owner will have rights to all branding, having the opportunity to consider multiple paths for expansion in the Memphis metro area, or throughout the country. Revenue and cash flow are based on forecasts for an active owner/manager.

Reason for Selling:

Owners focusing on other business brands.

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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