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Walk-up Ice Cream Shop

#26874
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Jeannette026-FINAL 4 LIGHT GRAY

Jeannette Engel
Union Bay Group
(206) 783-1717

Business Overview

Introduction

This Ice Cream Shop has been selling ice cream here for over 60 years. It was a franchised free-standing walk-up stand selling ice cream thru 2 windows, now it is an independent, still selling some of the best soft & hard ice cream products including shakes, slush?s, splits, floats, take-home cakes, flying saucers, and chip witches ? thru those same front windows ? 12 months a year. (Of course, you can buy this business and close 3 months in the winter ? but maybe you can sell other products too like coffee, soups, etc.)

Ice cream is comfort food. It is consumed morning, noon, and night. Families (and individuals) come down after dinner and enjoy their dessert at the stand. Some of their best memories are from the ice cream stand with their families and friends.

Building
The building is +/- 770 s.f. The parking lot is on 3 sides of the building - room for +/- 40 cars.

Rent/Lease
The landlord (who is the business Owner) will give you a fair lease and good terms along with the right of 1st refusal to buy the property (if qualified). Rent starts at $5,500 per month.

Owner Financing
If qualified, Owner will consider some financing.

Hours:
Hours of operation throughout the year are:
Jan, Feb, Mar, Apr (10:30 ? 8.00) 9.5 hrs x 7 days = 66.5 hrs

May, Jun, Jly, Aug (10:00 ? 9:30) 11.5 hrs x 7 days = 80.5 hrs
Sep, Oct, Nov, Dec (11:00 ? 6:30) 7.5 hrs x 7 days = 52.5 hrs

Labor
1 ? 4 people as needed. e.g. 1 in the morning, 2 in the afternoon and 3-4 in the evening but this varies throughout the year. Except for the manager, the labor rate varies from the minimum rate to $1.00 + the minimum rate/hr.

Sales
Sales for 2018 thru 2021 have averaged $374,411 per year ($7,200 per week). New Owner working full time is estimated to increase sales to +/- $500,000. At this volume, the Owner?s Cash flow is estimated to be +/- $100,000.

This is 37.3% higher than 2021?s volume. Management feels with a working Owner or full-time manager this volume is doable. (In your ?Due Diligence,? you need to feel you could do it too.)

Confidentiality Agreement, Questionnaire & Disclosure

Interested buyers MUST sign our Confidentiality Agreement and fill out the Questionnaire before any additional information is received or a meeting is scheduled to view the business, or the location disclosed. Forms are available at this Listing, on our website, (from the link in front of the pictures) or can be e-Mailed to you upon request. Detailed financial information showing the ability to purchase and proof of funds may be required before a meeting or conference call is scheduled.

Listing Details

  • SIC

    58

  • Price

    $349,900

  • Downpayment

    N/A

  • Adjusted Net

    $45,000

  • Annual Sales

    $400,000

  • Area

    N/A

Relocatable

Home Based

Franchise

Lender Pre-Qualified

  • A/R

    N/A

  • Inventory

    N/A

  • FF&E

    N/A

  • Leasehold

    N/A

  • Vehicles

    N/A

  • Real Estate

    N/A

  • Other Assets

    N/A

  • Total Assets

    N/A

  • Included

    N/A

  • Current Liabilities

    N/A

Contact us about this listing