High Volume Gelato Franchise at a Great Location in Dallas!

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Must see this Gelato Franchise!!!
Asking Price:
$339,000

Gross Revenue:
$612,902
Cash Flow:
$49,657
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$11,500
included in asking price

FF&E:
$222,000
included in asking price

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Business Description

This business is a premium and upscale Gelato franchise. Gelato is Italian-style dessert which offers fewer calories, less sugar and lower fat content per serving than ice cream. This franchise is rapidly growing within the US and internationally. There is a huge potential to open other locations by the existing franchisee in the DFW market. Based on the fast revenue growth of the current location, it is a matter of time before this concept become ubiquitous in DFW region. This location has developed strong relationship with its customers and they keep coming back for more treats.

The business has been established for 5 years. Due to its great product and location, the sales and profitability have been steadily increasing.

About the Business

Location:
Dallas County, Texas
Year Established:
2014
Number of Employees:
22
Real Estate:
Leased
Building Sq. Ft.:
1,876
Rent:
$8,850.00 Per Month
Facilities:
This Gelato / Ice Cream shop has been established since 2014. The current owner started this location from scratch and spent more than $700K to get it up and running. The current owners would like to hand over this business to a new, energetic owner and focus themselves on other business interests.
Market Outlook/
Competition:
There are several ice cream & dessert shops in the general vicinity but due to its unique taste, customer service, and ambience, customers keep coming back to this shop. Increasing sales are a clear testimonial to the success of this restaurant.
Growth & Expansion:
Current owner has not done much marketing to increase the catering business. A new owner can easily double the revenue by focusing on catering services. A targeted internet marketing campaign can also increase sales. This store is ideally located in a newly-constructed and trendy part of town which is only 35% complete. Once fully built and occupied, the sales of this store are expected to increase exponentially.
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About the Sale

Reason For Selling:
other interests
Training/Support:
6 weeks

Listing Info

ID:
1607681
Ad Detail Views:
0

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Business Listed by

Saleem Marwat, MBA

Transworld Business Advisors

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Source: Decennial Census (2010), United States Census Bureau.

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