Profitable Premium Ice Cream/Gourmet Coffee Shops - 2 Locations

Memphis, TN (Shelby County)

Premium Ice Cream/Coffee Shops -  2 Great Locations
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Asking Price: $600,000

Cash Flow: $224,000

Gross Revenue: $950,827

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2017

Profitable Premium Ice Cream/Gourmet Coffee Shops - 2 Locations

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Business Description

Fully staffed with two prime locations make this a turn-key business that is cash flow positive and highly scalable. The menu includes gourmet hot and cold brewed coffees, breakfast items, and premium ice cream with multiple flavors. This venue provides appeal all hours of the day and for customers of all ages. High revenues are generated in a small footprint, and the streamlined business model results in strong net profits. A manager is on staff, making this a great opportunity for a semi-absentee owner or for someone that wants to be fully involved. Online reviews are extremely high, resulting in many new and repeat customers.

The purchase includes all branding, furniture, fixtures and equipment for operation. Ice cream production equipment is also included, with capacity to support growth. This business model provide flexibility for an entrepreneur to consider expanding either with additional shops or by selling premium ice cream to other restaurants or stores.

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Detailed Information

Facilities:
Two prime locations. Fully furnished. Ice cream production equipment included with capacity to support additional expansion.
Competition:
Great variety of premium items that appeal to all ages, all day, year-round.
Growth & Expansion:
The new owner will have rights to all branding, having the opportunity to consider multiple paths for expansion in the Memphis metro area, or throughout the country. Revenue and cash flow are based on forecasts for 2019 for an active owner/manager.
Reason for Selling:
Owners focusing on other business brands.
Business Website:
http://323lifeworks.com/business-for-sale/premium-ice-cream-gourmet-coffee-shop
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(from currently available funds)
 
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Chris Ollis

Business Listed By:
Chris Ollis

323 LifeWorks

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