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Hawaiian Shave Ice and Ice Cream, Two Prime Locations

Orange County, CA

Hawaiian Shave Ice and Ice Cream, Two Prime Locations

Asking Price: $125,000

Gross Income: $378,854

Cash Flow: N/A

EBITDA: N/A

FF&E: N/A

Inventory: $6,000

Real Estate: N/A

Established: 2011

Employees: 1 f/t, 14 p/t

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Business Description

NOTE: The seller has accepted an offer on the business. Back-up offers will be taken.

This family owned business operates two Orange County based locations that offer high quality Hawaiian shave ice and ice cream. The first location opened in July 2011 and was soon followed by the second location that opened in September 2011. The business uses special ice shaving machines that finely shave the ice, giving it a unique taste. High quality syrups give the shave ice the great flavor that these locations have become known for. Besides the 80 flavors of shave ice served at the two locations, the company offers premium ice cream in 16 flavors, banana splits, sundaes, Hawaiian style hot dogs, pretzels, and more than 50 flavored lemonades.

Because of declining health of the founder, a decision has been made to sell both locations. Another family member had been operating the business until health related issues forced this member to scale back his day to day involvement in the business. While gross sales have been increasing, the need for additional employees to replace the owners has had an impact on profit margins. A full time operator should be able to eliminate some of the labor cost and help increase the profitability of the business. Adding additional menu items, increased advertising and marketing efforts, and careful product purchasing should help in building sales and profits.

The owners will provide a complete training period to allow for a smooth transition of ownership. Also included in the purchase price is approximately $6,000 of inventory and a long list of upgraded equipment in each location.

*The purchase price listed is for both locations. A new 2012 Mercedes Sprinter van is also available. This custom built, health department approved van has never been used. It was built out as a mobile unit and has all of the necessary equipment to sell shave ice and ice cream. The two locations and the van can be purchased for $225,000.

Detailed Information

Inventory:
Included in asking price
Facilities:
Detailed information on both locations is available in the business review package.
Growth & Expansion:
Both locations have shown good growth since opening in 2011. A new full time operator should expand the menu and increase the advertising and marketing of the business to build awareness of the brand and attract new customers.
Support & Training:
A complete training period is included in the purchase price
Reason for Selling:
Serious health related issues force the sale of both locations
Contact Business Seller

Ad#: 754091

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Bob Baumgarten

Business Listed By:
Bob Baumgarten

National Business Brokerage

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