Ice Cream Parlor for Sale in Kolar, India
Established | 5-10 year(s) |
Employees | 2 - 5 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 30 - 40 thousand |
Run Rate Sales | USD 42 thousand |
EBITDA Margin | 10 - 20 % |
Industries | Ice Cream Parlors |
Locations | Kolar |
Local Time | 8:40 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- We sell a variety of ice cream related products to our customers.
- Our store operates in a food court on the Bangalore-Tirupati highway. There are various other restaurants alongside such as KFC, Dominos and McDonalds.
- The food court receives an average footfall of over 500 people every day.
- Our ice cream parlour generates revenue through walk-in customers and takeaways only. We do not take orders through Swiggy or Zomato.
- Our business fulfils over 50 orders daily on weekdays and over 80 orders each on Saturdays and Sundays.
- Our ice cream parlour is merely a counter and does not have its own seating space. However, there are plenty of them available across the food court.
- The owner paid INR 5 lakh at inception as a franchise fee. Post that, the owner must pay a renewal fee of INR 1.5 lakh every 5 years. The fee for the next 5 years is due at the end of this year.
- There is no form of royalty that must be paid to the franchisor. However, all the products for running the store must be bought from them twice a month.
- The transaction price includes the franchise fee paid by the owner at inception, the renewal fee for the next 5 years, rights and ownership of the franchise along with all the physical assets. However, the owner does not wish to sell the registered business entity but only the franchise ice parlour.
- Ice cream scoops of multiple flavours.
- Ice cream sundaes.
- Milkshakes.
- Ice cream cakes.
- Ice cream sandwiches.
- Ice cream tubs and family packs.
- Refrigerators and freezers.
- Kitchen equipment.
- Interior fittings.
- The retail counter and storage space are spread across 130 sq. ft. and 80 sq. ft respectively. Both are rented.
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Earlier than 15 daysFounder, Education, Bangalore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysTeam Manager, IT, Bangalore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysMD, Financial Services, Bangalore, Individual Investor / Buyer connected with the Business