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Specialty Ice Cream Shop and Catering

Utah County, UT

Specialty Ice Cream Shop and Catering
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Asking Price: $299,000

Cash Flow: $44,417

Gross Revenue: $357,932

EBITDA: N/A

FF&E: $154,000

Inventory: $5,000

Established: 2018

Specialty Ice Cream Shop and Catering

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Business Description

Specialty Ice Cream Shop and Catering

This business is well located in a relatively new, anchored shopping center in a very upscale area of Utah County. Traffic in the center continues to grow. The shop is fully built out with all of the seating, equipment, freezers and everything in place to step in and operate the business. In addition, this location has the portable equipment needed to greatly expand the catering aspect of the business and take advantage of the tremendous growth taking place in the area.

Detailed Information

Location:
Utah County, UT
Inventory:
Included in asking price
Employees:
1 FT/7 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Seller financing available on this amazing opportunity! Located in one of the premier shopping centers in Utah County. Profitable in first year of operation with tremendous sales growth potential. The shop is fully built out with all of the seating, equipment, freezers and everything in place to step in and operate the business. In addition, this location has the portable equipment needed to greatly expand the catering aspect of the business and take advantage of the tremendous growth taking place in the area.
Competition:
There are many ice cream shops in the greater Utah County area, but this particular franchise has a unique twist that gives them a quality and taste advantage as well as an interest factor advantage.
Growth & Expansion:
Due to the limited advertising undertaken by the current ownership group, social media marketing and efforts to enhance the catering business provide an immediate growth opportunity. The population growth in this upscale area will generate tremendous growth in the traffic at this shopping center. The catering aspect of the business is in its infancy with tremendous growth potential.
Support & Training:
Will train for 4 weeks @ $0 cost. There is no special license (other than a basic city license) required. Revenue comes primarily from in-house sales to walk-in customers. However, catering and special events have recently become a more significant part of the business, and have tremendous upside potential.
Reason for Selling:
Other business ventures are requiring additional time and energy.
Franchise:
This business is an established franchise
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Marvin Slovacek

Business Listed By:
Marvin Slovacek

Murphy Business & Financial Corporation

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