Rare Opportunity: 2 Jeremiah's Italian Ice Locations + Expansion Right

Asking Price$706,225

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$1,112,854

Inventory$12,000
Included in asking price
FF&E$185,000
Included in asking price
San Marco
Jax Beach
San Marco
Save1/3

Rare Opportunity: 2 Jeremiah's Italian Ice Locations + Expansion Right


Asking Price$706,225

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$1,112,854

Inventory$12,000
Included in asking price
FF&E$185,000
Included in asking price
Business Description
TWO ESTABLISHED JEREMIAH'S ITALIAN ICE LOCATIONS | JACKSONVILLE, FL

Turnkey Multi-Unit Franchise Opportunity with Strong Cash Flow & Growth

Rare opportunity to acquire two established Jeremiah's Italian Ice franchise locations: Jacksonville Beach (#1012) and San Marco (#1048). Offered together as a turnkey operation with trained teams, established systems, significant production capacity, growing catering revenue, and development rights for an additional Jacksonville-area location, subject to franchisor approval.

FINANCIAL HIGHLIGHTS

• 2025 Combined Net Sales: $1,112,854
• 2026 Annualized Net Sales: $1,167,289, up 4.9%
• 2026 Annualized EBITDA: $142,300, up 26.8%
• 2026 Annualized SDE: $217,300
• H1 2026 EBITDA Margin: 12.2%, up from 10.1%
• Combined Gross Profit Margin: Above 77%

Profitability is growing significantly faster than revenue as both locations continue to mature. Annualized EBITDA is up 26.8% while sales are up 4.9%, demonstrating meaningful improvement in operating efficiency.

LOCATION PERFORMANCE

Jacksonville Beach (#1012) | Opened 2021

The flagship location serves the Jacksonville Beach market and benefits from a strong mix of local, beach, and seasonal traffic. H1 2026 net sales were $331,911 with a 13.8% EBITDA margin. Annualized sales are approximately $663,823 with EBITDA of approximately $91,752.

San Marco (#1048) | Opened 2023

Located in an established Jacksonville neighborhood, San Marco continues to mature as both an in-store and off-premise business. H1 2026 net sales were $251,733 with a 10.0% EBITDA margin. Annualized sales are approximately $503,466 with EBITDA of approximately $50,548. Catering revenue increased 26% YoY, demonstrating additional growth potential within corporate, school, community, and event sales.

GROWTH OPPORTUNITY

The acquisition provides an established platform for continued growth. Existing production equipment and infrastructure support both current locations, catering operations, and potential future expansion. The transaction also includes development rights for an additional Jacksonville-area location, subject to franchisor approval and applicable franchise requirements.

INVESTMENT HIGHLIGHTS

✓ Two established franchise locations
✓ $1.1M+ in combined annual sales
✓ Approximately $217,300 annualized SDE
✓ $185,000 in FF&E included
✓ $12,000 in inventory included
✓ Established teams and operating systems
✓ No new-store buildout required
✓ Strong national franchise brand and support
✓ Growing catering and off-premise revenue
✓ Significant existing production capacity
✓ Attractive long-term leases
✓ Development rights for an additional Jacksonville-area location

ASKING PRICE: $706,225

The asking price includes both operating businesses, approximately $185,000 in FF&E, approximately $12,000 in inventory, established operating infrastructure, and development rights for an additional Jacksonville-area location.

Annualized SDE of approximately $217,300 consists of approximately $142,300 in EBITDA plus approximately $75,000 in owner compensation.

IDEAL BUYER

Well suited for an owner-operator, an existing Jeremiah's franchisee looking to expand, or a qualified investor seeking an established multi-unit operation with additional growth opportunities.

REASON FOR SALE

One owner has accepted a significant professional opportunity overseas. The decision to sell is unrelated to business performance.

TRANSITION SUPPORT

Sellers will provide up to 30 days of transition support and coordinate with Jeremiah's Italian Ice for required franchisor training and onboarding.

Detailed financial statements and supporting business information are available to qualified buyers following execution of a confidentiality agreement.
About the Business
Years in Operation
5
Employees
46 (1 Full-time, 45 Part-time)
Part Time with larger team during busy summer season
Franchise
This business is an established Jeremiah's Italian Ice franchise
Facilities & Assets
Jacksonville Beach opened in 2021, followed by San Marco in 2023. Both established locations are being offered together as a turnkey package, along with the franchise development rights for a third location within the Jacksonville market, subject to franchisor approval and applicable franchise requirements.

The businesses are fully equipped for ongoing operations and include four commercial Italian ice batch machines, four soft-serve machines, four dipping cabinets, and multiple commercial freezers, refrigerators, and other supporting equipment. The existing production capacity provides the infrastructure to support both current locations as well as continued catering growth and future expansion.

Both locations operate under attractive long-term leases, providing an incoming owner with established facilities, equipment, operating infrastructure, and a clear path for continued growth in the Jacksonville market.
Website
Show Website URL
Market Outlook / Competition
Jeremiah's Italian Ice is well positioned in the Jacksonville market as an affordable, family-friendly treat with broad customer appeal. Both locations benefit from strong brand recognition, established local customer bases, and a product offering that performs especially well in Florida's warm climate.

In addition to walk-in traffic, the businesses have developed a growing catering and off-premise sales channel serving local businesses, schools, organizations, community events, and other repeat customers. This diversified revenue stream provides opportunities beyond traditional in-store sales and creates additional potential for continued growth.
Opportunities for Growth
The acquisition provides a meaningful opportunity for continued expansion within the Jacksonville market. In addition to the two established locations, the transaction includes development rights for a third Jacksonville-area location, subject to franchisor approval and applicable franchise requirements.

Jeremiah's also provides existing franchisees opportunities to pursue additional available development territories within their markets. This gives an incoming owner the potential to leverage the existing management team, production capacity, operating infrastructure, and local brand presence to continue building a larger portfolio of Jeremiah's locations throughout the Jacksonville market.
Real Estate
Owned or Leased
Leased
About the Sale
Seller Motivation
One of the Owners accepted a significant professional opportunity overseas.
Transition Support
The sellers will provide up to 30 days of hands-on transition support to help ensure a smooth transfer of operations. This will include working alongside the new ownership team to introduce key employees, review day-to-day operating procedures, vendor relationships, catering and local marketing activities, and other aspects of managing both locations.

We will also coordinate with Jeremiah's Italian Ice to facilitate the franchisor's required training and onboarding process. Our goal is to provide the incoming owner with the operational knowledge, relationships, and support needed to confidently take over both locations and continue building on their established success.
Listing Info
ID
2445396
Listing Views

Listing ID: 2445396 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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