Ice Cream / Gelato Parlor at a Great Location in Collin County

Allen, TX (Collin County)

Ice Cream / Gelato Parlor at a Great Location in Collin County
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Asking Price: $85,000

Cash Flow: $37,932

Gross Revenue: $110,345

EBITDA: N/A

FF&E: $75,000

Inventory: $5,000

Rent: $3,300 /Month

Established: 2017

Ice Cream / Gelato Parlor at a Great Location in Collin County

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Business Description

Gelato / Ice Cream Parlor at a Great Location in Allen!

This is a premium and upscale Gelato parlor that makes delicious gourmet Gelato with the highest quality ingredients. It got its start in Europe in 1956, and has been family owned and operated ever since. This business also offers a great array of smoothies, beverages, and even waffles for customers to enjoy.

This location has developed strong relationship with its customers and they keep coming back for more treats.

Detailed Information

Location:
Allen, TX
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,206
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This Ice Cream parlor in Allen has been established since 2017. The current owner started this location from scratch and spent more than $250K to get it up and running. The current owners would like to hand over this business to a new, energetic owner and focus themselves on other business interests.
Competition:
While there are other ice cream & dessert shops in the general vicinity but due to its unique taste, customer service, and ambiance, customers keep coming back to this shop. Increasing sales are a clear testimonial to the success of this restaurant.
Growth & Expansion:
This store is ideally located near a busy shopping area and surrounded by nice stores, dining and entertainment venues. It is perfect for a buyer looking to move quickly and convert it into ones own brand or a franchise.
Support & Training:
2 weeks
Reason for Selling:
Other interests
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Shahid Khan

Business Listed By:
Shahid Khan

Transworld Business Advisors

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Sponsoring Broker:
Saleem Marwat, MBA

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