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Ice Cream Parlor for Sale in Bangalore, India

For Sale: Franchise of a popular ice cream brand located at New BEL Road, Bangalore.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity General Partnership
Reported Sales USD 120 thousand
Run Rate Sales USD 100 thousand
EBITDA Margin 32 %
Industries Ice Cream Parlors
Locations  Bangalore
Local Time 10:59 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 44 thousand (Native Currency: INR 3,700,000)
Reason: Promoter is focusing on another business. The rental deposit of INR 6 lakh is included in the selli... View More
Includes physical assets worth USD 16 thousand
Interested to connect with advisors
Business Overview

- We serve one of the finest and well-crafted icecreams in the city.

- Have 45 seats with nicely done interiors. (spread across 900 sq ft area)

- Daily walk-ins before the pandemic were 150-200 and now it is 100-150. This is the reason for drop in revenue.

- Have a loyal client base and we also cater to party orders (have required equipment too)

- Located in a prime location with good visibility and we also have a good presence on delivery platforms.

- We have separate storage and also a staff room in the same building.

- There is no validity on the franchise agreement.

- Royalty has to be paid on a monthly basis.

- Due to Covid, we have seen a drop in our turnover.

Products & Services Overview

We serve more than 40 types of crafted icecreams, milkshakes and also seasonal flavoured icecreams.

Assets Overview

The entire store with all the equipment such as freezer, racks, chairs, tables, lights, interiors, and other kitchen equipment.

Facilities Overview

Rented 900 sq ft area on the ground floor. Storage room and staff room are on a different floor.

Capitalization Overview
Not Disclosed
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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