United States

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Listing Id: 28422 Last Refreshed: 23/05/2023 Total Views: 1104

(Expired)Established Ice Cream Shop With Manufacturing Capability Looking For Takeover

Central AreaIce Cream Shops
Asking Price: S$180,000
Business For Takeover
Look For Investor
Look For Partner
Terrence

Overview

  • Premise Type Commercial Street
  • Premise Size 400 sqft / 37 sqm
  • Monthly Rental S$5,000
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff N/A
  • Established N/A
  • Source Direct Seller

Reason For Sale

Selling to pursue other opportunities

Description

[LOOKING FOR TAKEOVER]

Ice Cream Shop located within a shopping mall in town area
Equipped with Carpigiani ice cream machine (top tier ice cream churning machine)
Currently, apart from shop's sales, the business also supplies to two other businesses/clients
Owners' intention has always been to set up the business and sell it off -- because this is the owners' side hustle

COGS of ice cream is approx. 20% of the selling price
SOPs all ready
Currently operational
Rental is approximately $5K

Interested parties to sign NDA
Owners selective about partners who takeover
Requires full-time commitment to run the business on both B2C and B2B aspects

Good for first-timers who would like to set up a dessert shop without knowledge
All SOP, recipe etc. provided

- Renovation > $100K
- Lease term 3 years (balance 2 years)
- Takeover fee of $180K includes all equipment (>$30,000 even after taking into account of depreciation)
- Takeover fee also includes security deposit (approx $15K) held by the mall

No low-ballers. Only sincere buyers
P&L will be shown only when buyer's profile is deemed fit by present owners

Property Information

Rent
Premise Status
3
Lease Term
/

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