Reduced! Italian Gelato Ice Cream in Gulf Shores Alabama-$165,000.00
Asking Price: | $165,000 |
Gross Revenue: | $200,000 |
Rent: | $1,384/Month |
Established Year: | 2021 |
Cash Flow: | $50,000 |
Inventory: | $2,000 |
FF&E: | $100,000 |
The magnificent beaches of Gulf Shores Alabama are the perfect location for this well-established Italian Gelato Ice Cream and Fresh Baked Twister Cones business. The young owners of this business have succeeded in their mission to reinvent a food experience of the combination of authentic Italian Ice Cream, premium toppings inside of a hand-crafted Twister cone that is baked in front of the customer. Since the start of business in 2021, sales have grown each year along with the popularity of the products. The fresh baked cones have become extremely popular with customers saying they have never had anything like the taste of the cones. One customer said it is almost pretzel like but taste like sweetbread while another described the cones as "Unbelievable". When these cones are combined with the authentic silky gelato of the highest quality, it has a taste that is indescribable, or as another customer described the combination as "A One-of-a-Kind Treat". The young owners have decided to also grow their family and have made the decision to sale this wonderful business to spend the required time needed for a young family. The location of the business is at a major intersection that is on the main route to the local high school, middle and elementary schools, and provides a requested stop by students and parents alike to get a taste of either a refreshing gelato cone, gelato milkshake or a gelato sundae. The mixed-use center where the business is located includes a local favorite coffee shop, doughnut shop, and a poke bowl store that also add to the success of this business. Inside or outside dining is offered as well as take out. The business has a 4.8-star rating from 306 reviews, and a 4.9 rating from Yelp. The current lease is in the 4th year of a 5-year lease but is renewable for another 5 years or can be re-negotiated. The current rate is $1384 per month triple net, for approximately 1000 square feet of space. The initial year in business generated gross revenue of $153,031 and a profit of $31,689. The second year of business generated over $200,000 in revenue and a profit of $33,000 and similar results in the third year of business. This is a Turnkey business and includes all furniture, fixtures and equipment that is in excellent condition, and debt free. This business is easy to operate and manage and requires only a few employees if you are an absentee investor or only a husband/ wife team if you are an owner/operator. There is ample parking in the center and the store frontage gives maximum exposure from the extremely busy front road. This is an outstanding opportunity to be your own boss and own your own business. Contact Randy Shurbet for any questions or additional information.
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