Specialty Ice Cream Shops Combined

Not Disclosed, UT

Asking Price: Annual Revenue:
$399,000 $620,555

Food & Beverage: Coffee, Cafe, Dessert

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RE: Specialty Ice Cream Shops Combined Broker: Marvin Slovacek

Quick Facts

Asking Price: $399,000
Annual Revenue: $620,555
Net Profit: Not Disclosed
Cash Flow: $95,031
Total Debt: Not Disclosed
FF&E: $197,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 15
BBN Listing #: 93544955
Broker Reference #: 7401-14448

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Business Overview:

This ownership groups has two unique niche ice cream/yogurt shops; located in different areas along the Wasatch front. They can be purchased as a package at a discount from the price of each shop individually. The shops are described further in listing numbers 14442 & 14443. In addition, the master franchise development rights for this area are included with the purchase of both shops.

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Property Features and Assets:

Both shops are completely built out with all equipment in place to step in and take over all operations immediately. Portable equipment is included to support growth of the catering aspect of the business. All assets are in place to operate the business including all of the equipment, tenant finish work, freezers, table and chairs (inside and out). Total Assets; $517,798.

Market Competition and Expansion:

There are many ice cream shops in the greater Salt Lake area, but this particular franchise has a unique twist that gives it a quality and taste advantage as well as an "interest factor" advantage. These two shops are located in different areas along the Wasatch front providing geographic diversification. One location is much more established than the other one, so it can provide the larger income stream as the other one continues to grow rapidly. Though both shops operate independent of owner involvement, they will both benefit from an owner to direct marketing efforts to enhance growth and profitability.

Reason for Selling:

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 a franchise resale opportunity.

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