Ice Cream Shop & Cafe
Essex County,New Jersey

Financials

 
Asking Price:   $149,000
Gross Sales:   $310,000
Net Income:   $61,000
Inventory Value:  $5,000 (not included in price)
Furniture/Fixtures/Equipment:  n/a
   
Business Summary

 
An Ice Cream Shop & Cafe in a prime location in an affluent town and high quality products has resulted in a 20% annual growth in each of the 3 years since its start-up. The business offers fresh fruit smoothies, gelato, frozen yogurt, gourmet soups and salads. Income is balances with 50% of the sales in gelato and frozen yogurt and 50% in soup, salads and smoothies. The business is simple to operate making it ideal for a hands-on or partially absentee owner. The operation is located on a main street near numerous local attractions that bring in many walk-in customers. Take out and deliveries are offered with the majority of deliveries within easy walking distance. The new owner can increase sales by offering breakfast service, pre-made sandwiches, and cakes as well as by expanding the delivery service. In 2009, this business produced gross sales of approximately $310,000 with a net income of $61,000. The business is fully staffed with trained employees who will remain after the business transfer. The owner will supply a full review period for a qualified purchaser. This is an excellent opportunity to own a growing business in an excellent location!
 
General Information

 
Year Established: 2006
 
Employees: 6
 
Facilities:  The facility consists of 800 square feet. All furniture, fixtures and equipment are in excellent condition. The business includes seating for 14 inside, 8 on the sidewalk and 5 on an exterior balcony. An existing lease plus additional options is available for transfer. Monthly rent is approximately $3,300. 2 years remaining on current lease with a 5 year option.
About the Sale

 
Financing:2006
 
Reason Selling: Other Business Interests
 
Real State Option:n/a
Broker Contact: Customer Service
 
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