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Ice Cream Parlor for Sale in Thane, India

Non-operational franchised ice cream parlor located in a premium area of Thane for sale.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 11.3 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Ice Cream Parlors
Locations  Thane
Local Time 5:53 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 17 thousand (Native Currency: INR 1,500,000)
Reason: Moving to a different venture.
Includes physical assets worth USD 10.2 thousand
Business Overview
The ice cream parlour, formerly operating as a franchise in Panch Pakhdi, Thane, is currently non-operational.
At its peak, the brand was a growing favourite in the area, generating a monthly business of INR 50k even during the coldest winter months.
The shop previously had a seating capacity of 12-15 pax and welcomed over 40 customers per day on average. We stopped operations 6 months ago and have now shifted the assets to our own space in our dhaba restaurant. The buyer can restart the operations in our facility itself by renting the space from us.
No royalty was required, and the franchise license remains valid for the next five years before renewal would be necessary.
After five years, franchise renewal would require a payment of INR 4.5 lakh.
The business had a sole owner and operated debt-free.
Products & Services Overview
Handcrafted ice creams with no essence or colour added.
Assets Overview
Our tangible assets include furniture, interior, and stock. Intangible assets include the FSSAI license and the customer database.
Facilities Overview
The last 6 months weren't operational. Assets have been shifted to our own space, which the buyer can rent out.
Capitalization Overview
Owned by a sole proprietor. There are no debts or liabilities.
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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