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Profitable Ice Cream Parlor for Sale in Al-Ardiya, Kuwait

3 franchise outlets of French Ice Cream brand having master franchise rights for all GCC.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 245 thousand
Run Rate Sales USD 274 thousand
EBITDA Margin 30 %
Industries Ice Cream Parlors
Locations  Al-Ardiya
Local Time 8:39 PM Asia / Kuwait
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 560 thousand (Native Currency: KWD 170,000)
Reason: We have another business opportunity that needs cash flow hence selling this business.
Includes physical assets worth USD 260 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Menu
License
Business Overview
- We are master franchise of a France based ice cream business taken in 2016.
- The company in France was originally established in 2013 and has over 20 branches in 9 countries.
- We have taken an exclusive master franchise for all of GCC and we do not have to pay royalty or franchise fees.
- Validity is until Nov. 2022 and can be renewed.
- We opened the first branch in a well known mall in 2016 and 2 more branches were opened in other malls last year.
- Each outlet receives an average walk-in of 30 to 50 customers per day.
Products & Services Overview
We offer ice-creams, cheesecake on a stick, waffles, sweet jars and shakes with delivery and catering services.
Facilities Overview
Company owns 3 outlets which are on rent.
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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