Ice Cream Parlor for Sale in Annapolis, USA
Profitable premium ice cream franchise for sale in prime Annapolis location – great absentee business!
Premium Plan
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 420 thousand |
| Run Rate Sales | USD 420 thousand |
| EBITDA Margin | 28 % |
| Industries | Ice Cream Parlors |
| Locations | Annapolis |
| Local Time | 9:05 PM America / Nipigon |
| Listed By | Advisor / Business Broker |
| Status | Active |
Full Sale
Asking Price:
USD
389 thousand
(Native Currency: USD 389,000)
Reason: Owner lives in NJ. The current partnership is dissolving and the minority owner was acting as operat...
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Includes physical assets worth
USD
110 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Description
(186.5 KB)
Business Overview
- Top-tier location: Strategically located in a high-visibility area with the highest foot traffic placed in Annapolis, ensuring a steady stream of customers.
- High profit margins: Boasts remarkable gross profit margins of 79%, a rarity in the ice cream franchise sector. Generated $420k in revenue with a net profit of $120k in just one year.
- Great opportunity to operate the business as an absentee owner!
- Simple operation: Successfully run with just a couple of employees, highlighting its operational efficiency and ease of management.
- Part of a reputable premium ice cream franchise known for quality and customer satisfaction. Franchisee fee was $7,500 (one-time) + 4% yearly royalty fee being paid.
- Offers a unique proposition in the market with its combination of prime location and excellent profitability metrics.
- High profit margins: Boasts remarkable gross profit margins of 79%, a rarity in the ice cream franchise sector. Generated $420k in revenue with a net profit of $120k in just one year.
- Great opportunity to operate the business as an absentee owner!
- Simple operation: Successfully run with just a couple of employees, highlighting its operational efficiency and ease of management.
- Part of a reputable premium ice cream franchise known for quality and customer satisfaction. Franchisee fee was $7,500 (one-time) + 4% yearly royalty fee being paid.
- Offers a unique proposition in the market with its combination of prime location and excellent profitability metrics.
Products & Services Overview
The business offers a diverse range of products, including premium ice cream, sundaes, shakes, and specialty items, catering to a wide customer base in Annapolis. Families, tourists, and locals alike visit the kiosk.
Assets Overview
Physical assets include $5,000 worth of inventory + $105,000 worth of business equipment.
Facilities Overview
A 200 sq ft kiosk located in Annapolis, Maryland, with 9 years remaining on the lease.
Capitalization Overview
No outstanding debt. Currently, there are two owners, one owns 80% and the other is a 20% owner.
Recent Activity
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Earlier than 15 daysOwner, Metal Products Supplier, Dubai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Private Equity Firm, Florida, Corporate Investor / Buyer connected with the Business
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