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Turnkey Business ready for New Owners

Glendale, AZ
Hard to resist!

Seller Financing Available

Hard to resist!
Asking Price:$50,000
Inventory:$5,000
FF&E:$62,000
Gross Revenue:$190,000
Rent:$4,800/Month
Established Year:2021
Listing ID: 2312764Listing provided by BizBuySell
BUSINESS DESCRIPTION

Innovative brand and product with unlimited upside

Paleta Bar Glendale provides fresh gourmet Mexican popsicles accentuated with fresh fruit toppings, delicious dipping’s, nutritious nuts, or classic confectionaries. Guests can select from our most popular combinations or design a custom favorite. Paleta Bar Arizona’s, exceptional paletas are only equal to our dedication to provide outstanding customer service to our local community.

DETAILED INFORMATION
Location
Glendale, AZ
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,400
Lease Expiration
30/11/2031
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Fully built-out location with everything required to run the store and catering business. Some of the assets include Robopop Machine (paleta maker), Gelato Case, Immersion Blenders, Open Top Refrigerator, and Paleta Cart. Full renovation of store completed in 2022. Assets also include a loyalty program with over 5,000 members and 18,000 customers. Demographics available.
Competition
No other ice cream shop in the complex. Three other franchises in the state located in Chandler, Ocotillo, and Mesa. "Michoacan Paletas" located about 20 miles away but is not comparable to the Paleta Bar product and atmosphere. Please check out our Google Reviews, "Paleta Bar Glendale Reviews". Currently 4.9 stars with 156 reviews. Over 40,000 viewed our business since July 2024 through Google. Average ticket price is $18.00.
Growth & Expansion
Most clients currently travel over five miles to buy our Paletas. Growth opportunity within a five-mile radius. Potential opportunities include mailers and flyers at other establishments within the shopping center. Minimal marketing has been done around catering which provides great margins and expansion opportunity. Also, seasonal menus with winter-appropriate products.
Financing
We are willing to work with a qualified buyer.
Support & Training
Owners are willing to train new Management for up to 4 weeks based on needs. Based on Buyer qualifications, can transfer all systems including POS, Marketing, Instagram, Facebook, and email.
Reason for Selling
We would like to spend more time with our family.
Franchise
This business is an established franchise
BUSINESS LOCATION
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Sara Baldonado
Phone Number
Sara Baldonado
Call Phone