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Ice Cream Parlor for Sale in Chennai, India

Franchised kulfi ice cream parlor of a premium brand with posh decorations, in a busy road.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 30 - 40 thousand
Run Rate Sales USD 18 thousand
EBITDA Margin 30 - 40 %
Industries Ice Cream Parlors
Locations  Chennai
Local Time 6:23 AM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 20 thousand (Native Currency: INR 1,700,000)
Reason: I have worked for 44 years in infrastructure construction around the world. My children want me to r... View More
Includes physical assets worth USD 18 thousand
Interested to connect with advisors
Documents
Business Overview

- Franchised kulfi ice cream parlor of a premium brand.

- Parlor is in a prime location, in a busy ring road, surrounded by major commercial establishments with elite customers, and is very close to the local metro railway station.

- Our store has well-decorated interiors, storage & display freezers, and all modern kitchen equipment. Our interior decorations and wooden paneled floors make the shop very attractive from the front entry, with good visibility from the outside.

- Have a seating capacity for 20 customers and our shop was packed on weekends and weekdays (pre-COVID). Currently, the sales are recovering from the impact of the pandemic and we expect to generate INR 1.7 lakh for the current month.

- Have home delivery arrangements and online orders through Swiggy, Zomato, Smartlife, and Justdial. 25% of our sales were generated online (pre-COVID).

- Franchise agreement involves a one-time fee and there are no monthly/periodic royalty fees involved. The franchisor will provide the products from a central unit, which are to be sold at a fixed margin.

Products & Services Overview

Selling premium kulfi ice creams, kulfi falooda, kulfi milkshakes, veg fried french fries, veg/paneer & schezwan rolls, cheese balls, cheese corn nuggets, veg popcorns, veg lollipops, and smileys.

Assets Overview

The sale would include the entire business, with the transfer of the franchisee unit. Assets include:

500 liters storage freezers x 2, 500 liters display freezers x 2, fridge, all POS systems of food engine, and delivery agencies programmed computer with printer, UPS, 2-ton air conditioner, seating arrangements, mixer cum blender, all crockeries and utensils, CCTV, network connection with WiFi, and other interior furnishings.

Facilities Overview

Rented 250 sq. ft facility, on the ground floor, with posh wooden paneled floor, walls, and seating arrangements.

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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