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Ice Cream Parlor for Sale in Gurgaon, India

For Sale: Franchise outlet of a well-known ice-cream brand located in an upscale area of Gurgaon.
This transaction has concluded.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 20 - 30 thousand
Run Rate Sales USD 22 thousand
EBITDA Margin 15 %
Industries Ice Cream Parlors
Locations  Gurgaon
Local Time 9:22 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 18 thousand (Native Currency: INR 1,500,000)
Reason: Promoter is moving to Canada. Sale price include the franchise fee and the lease deposit.
Includes physical assets worth USD 14 thousand
Interested to connect with advisors
Business Overview

- Franchise outlet of a well-known ice-cream brand with presence across India.

- Our outlet is located in an upscale area of Gurgaon on the ground floor of a well-known mall.

- The store is corner facing with excellent visibility.

- The outlet operates under a takeaway model and 80% of our orders come from Swiggy and Zomato.

- Due to the pandemic and lockdowns, our revenues have dropped and operating margins have contracted to 15%

- Under the franchise agreement, we are required to buy raw materials from the main brand at a nominal brand.

- We are able to set our own prices and are not obligated to pay any royalties or commissions.

- However, we are required to renew the franchise agreement every 5 years paying INR 4 lakh as the renewal fee.

- We are operating in the first year of the agreement at present.

Products & Services Overview

Ice-cream, ice-cream waffles & shakes.

Assets Overview

Legal entity, franchise agreement with the prepaid franchise fee of INR 4 lakhs, lease agreement, lease deposit of INR 1.2 lakhs, store setup and interiors, signage, social media accounts, Zomato and Swiggy accounts, Elanpro deep freezer, ice-cream machine, Elanpro chiller, cone machine, Bubba waffle machine, mixer, microwave, packaging boxes with the brand name and miscellaneous utensils.

Facilities Overview

Leased space of 195 sq. ft. on the ground floor of a well-known mall. The store is corner facing with excellent visibility. Pre-Covid the monthly rent was INR 50,000 and has now been renegotiated to INR 30,000.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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