Easy, Fun, Profitable Ice Cream Store in Key West, est Eight Years

Key West, FL (Monroe County)

Seller Financing Available
20 Rotating Flavors of Ice Cream
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Asking Price: Get Financing: $225,000

Cash Flow: $75,000

Gross Revenue: $190,000

EBITDA: $75,000

FF&E: $15,000

Inventory: $2,500

Lease Rate: $5,000 /Month

Established: 2010

Easy, Fun, Profitable Ice Cream Store in Key West, est Eight Years

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Business Description

Live and Work in Paradise

Established, profitable and delicious ice cream store on the corner of Truman and Duval, an "A" position. Fantasy Fest parade ends in front of the store, Conch train tours depart and return in our Plaza and business is up every year. Labor pool is endless and margins are amazing.

We sell 20 rotating flavors of high butterfat ice cream everyone loves, plus house-made cones, key lime pie, shakes, malts and have just added iced coffee. Our suppliers are dependable and responsive.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
400
Lease Expiration:
8/1/2022
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Bright, well cared for shop with fun decorations and two counters, one on Duval and one on Truman. Licensed outdoor seating for twelve patrons. New freezers, HVAC, and equipment. 70% cash business with tourism increasing every year in beautiful Key West.
Competition:
Although there are many ice cream stores on Key West, everyone wants ice cream while they're there. After eight years in business, business is still increasing. We're the only ice cream shop that sells the variety and wonderful-tasting product we do.
Growth & Expansion:
Profitability is limited only by the number of hours you care to work. We have a very dependable contract employee provider, with workers at a modest rate. Their time (and cost) can be scaled up or down, depending on your goals The more you work, the more you keep for yourself. Adding espresso drinks and focusing on social media marketing would increase sales.
Support & Training:
This business is simple and you'll understand everything you need in a very short time. Owner willing to train for two weeks.
Reason for Selling:
Owner's manager is relocating
Business Website:
http://www.facebook.com/keywestpolarbearicecream/
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Business Listed By:
Mark Conley

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