Trendy Ice Cream and Candy Store for Sale

New York, NY (New York County)

Trendy Ice Cream and Candy Store for Sale
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Asking Price: $299,000

Cash Flow: $84,960

Gross Revenue: $669,430

EBITDA: N/A

FF&E: $71,437

Inventory: $25,000

Rent: $6,216 /Month

Established: 2012

Trendy Ice Cream and Candy Store for Sale

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Business Description

This well-known ice cream and chocolate candy shop is located in a high traffic location in Upper East Side New York, 2 blocks away from 4 schools. The store offers a selection of gourmet ice creams, gelato, as well as a wide range of confectioneries such as handmade chocolates, retro candies, truffles and other high-end sweets. Because of its popularity, it gets featured frequently in major media publications, including The New York Times, Harper's BAZAAR, US Weekly, etc. It has in-store sales as well as delivery service. Customers can order their sweet treats from Grubhub and Seemless easily. It is a well-established business with well-trained staff, high growth opportunity for the right buyer who has passion in managing the business.

Detailed Information

Location:
New York, NY
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
540
Lease Expiration:
N/A
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
Keep getting trending sweets and desserts from all over the NYC in the store, the business will keep growing every year for sure! The current rent covers a beautiful storefront, a large basement, and an apartment. The apartment has a great add-on value, but if the new owner doesn’t need it, the rent can be reduced to about $4,300/month for the storefront plus the basement. That means a $2,000 increase on monthly profit.
Support & Training:
2 weeks
Reason for Selling:
other interests
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Sherry Wang

Business Listed By:
Sherry Wang

Transworld Business Advisors of Flushing

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