Ice Cream Store for Sale in Richmond

Richmond, VA (Henrico County)

Seller Financing Available
Ice Cream Store for Sale in Richmond
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Asking Price: $45,000

Cash Flow: $30,000

Gross Revenue: $190,000

EBITDA: N/A

FF&E: $20,000

Inventory: $3,000*

Rent: $1.67 /Month

Established: 2017

*not included in asking price.

Ice Cream Store for Sale in Richmond

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Business Description

Light & Raphael is pleased to offer for sale a successful ice cream store in Richmond, Virginia. The business is located in a shopping center. It is absentee owned and would benefit from a committed, onsite owner. The store offers a unique product and has a strong social media presence.

Detailed Information

Location:
Richmond, VA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,800
Lease Expiration:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Leased space at popular shopping center
Growth & Expansion:
The North America ice cream market is expected to register a CAGR of 4.1% during the forecast period, 2018 to 2023. The rise in income along with an increased indulgence for sweet dishes drives the growth of this market. The sales of low-quality ice cream have been declining due to the increased preference for premium ice cream. The innovative flavors that companies have come up with act as a major driver for this market. Moreover, private labelling reduces the price of ice creams, thereby increasing the demand. The sales of basic variety ice creams have been declining in favor of premium ones. Currently, the United States is leading the way due to the introduction of handcrafted ice creams, which is relatively linked to the market maturity.
Support & Training:
Seller will provide support and training following the sale
Reason for Selling:
Owner wishes to pursue other business interests
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Gavin Raphael

Business Listed By:
Gavin Raphael

Light & Raphael

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