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Ice Cream Parlor for Sale in Bangalore, India

Franchise outlet of a famous ice cream brand which is located in a prime area.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 60 - 70 thousand
Run Rate Sales USD 70 thousand
EBITDA Margin 20 - 30 %
Industries Ice Cream Parlors
Locations  Bangalore
Local Time 9:54 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 45 thousand (Native Currency: INR 3,600,000)
Reason: The promoter is relocating abroad.
Includes physical assets worth USD 33 thousand
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Business Overview

- We are a franchise outlet of a famous ice cream brand that is a 50 year old brand.

- Our outlet is located in a prime area in Kothanur - Hennur main road.

- Offering real fruit ice creams, sugar-free ice creams, vegan ice creams, kulfis, and milkshakes.

- There are more than 100 outlets across the country and with over 18 outlets in Bangalore of the brand and has a clientele of more than 10 lakh customers across the country.

- The franchise agreement period is 5 years out of which franchise agreement is valid for the next 3 years and is renewable and transferable to the buyer.

- We do not pay any royalty or commission to the franchisor but purchase/source all the products from the franchisor at a discounted price.

- Outlet has a seating capacity of 30 pax.

- We have also tied up with Swiggy, Zomato, Amazon Kitchens & Hashtag online applications.

- On average we receive 20 orders through online sources and have 25-30 walk-in customers daily.

- Company is run by a sole owner and does not have any loans.

Products & Services Overview

Real fruit ice creams, sugar-free ice creams, vegan ice creams, kulfis, and milkshakes.

Assets Overview

2 freezers, 2 blue star AC’s, furniture, computer and billing system, printer, signage and boards, cone maker, and tasting freezer which is used for events.

Facilities Overview

Rented 600 sq. feet shop on the ground floor with an ample car parking situated in a complex. We pay a monthly rent of INR 35,000. The lease is transferable to the buyer.

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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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