Asking Price: $186,000 Gross Revenue: $384,000Cash Flow: $67,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $6,500 included in asking priceFF&E: $84,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This artisan creamery & cafe is all about serving up treats that start with superlative ingredients and end with a memorable experience. From hand-crafted, micro-batch ice cream to exquisite pour over coffee and espresso bar, we take food to a whole new level. Our decadent and creamy ice cream is second to none and our locally-roasted coffee creations have developed a cult following.
Through retail sales at our flagship location, catering at 100+ events per year, and ice cream pint sales to leading grocery stores, this unique shop brings together two great concepts that drive profitability through distinct & diverse sources of revenue.
With a dedicated following, superior products and tremendous catering and wholesale partnerships, this shop is incredibly well positioned to continue to grow and thrive as business expands locally, throughout Ohio and beyond.
About the Business
Number of Employees:
Building Sq. Ft.:
$2,100.00 Per Month
The shop is well-equipped with high-quality ice cream making equipment, refrigerators, fully-operational kitchen exhaust hood, walk-in freezer, espresso machine, coffee grinders, worktop and counter coolers, iPad POS, locally hand-crafted furnishings and bar-top counter.
We have a large outdoor terrace and seating area equipped with locally-crafted, artisan furniture and lighting that create a very inviting atmosphere.
Completely renovated space that includes 1,250sq.ft. with base rent & CAM for $2,100/month.
The shop is a destination that attracts fans from the neighborhood as well as other great CLE neighborhoods far and wide with its unique offering.
Growth & Expansion:
Five years on and we are still in growth mode with catering and sales of wholesale pints to local grocery stores driving double-digit growth.
Additional opportunities for expansion include pop-up shops, additional product offerings & partnerships with restaurants, concert halls, sports arenas, and other venues.
With a fully-operational hood, the possibility of adding baked goods or other delicious treats is endless. The kitchen space is well-equipped and spacious giving you flexibility and an opportunity to add new products.
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 & Conditions.