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Ice Cream Established and Profitable Shop for sale in Malaga €85,000

Ice Cream Established and Profitable Shop for sale in Malaga

Current Price: €85,000
New Price:
Rate data provided daily by European Central Bank
M2
115

This very successful, easy to run and profitable business is for sale at asking 85K in a great area filled with upper-middle class residents, gross sales of +/- 180K

A 5 year freshly made ice cream supply deal will be set with the owner at market standard rates, training and transitional period part of the deal

Widely recognized as among the top Ice Cream shops in Malaga, it is not uncommon to see a line forming up in this great business even when the staff has a good thru-put system to take orders and get customers moving down the line.

Located in what used to be a bank, the shop is 115m2 inside and has use of the outdoor terrace with 15 tables, it enjoys a corner in a great neighborhood with top to bottom window and great exposure with shaded seating area.

Rent is low at just 1500/month renewable every 5 years and profitability is very high, the owner is scaling back his workload and thus has priced very reasonably to sell quickly, no room to negotiate.

The shop opens from 13:00 to 24:00 10 ½ months a year.

All equipment except the Ice cream making machines will remain/included in the deal, the store consistently carries between 10-15K in inventory at any given moment (included in the asking) with sales over 180K. A fresh ice cream supply deal will be set in place for 5 years at market standard rates from the owner’s bulk production facilities, the advantage of this format besides the obvious reduced capital requirements will be the reduced work hours (no production) and reduced salary expenses, an option to buy with the produtin equipment and training is available for 150K

We would recommend any prospective buyer considering this option to have a working knowledge of Spanish as the majority of clients are of Spanish nationality and use the shop as a meeting point during the evenings since on the next block is the biggest park of the area, so a certain interaction with clients is expected, however the current owner leaves around 18:00 since he produces the ice cream.

The owner got into the business without any prior knowledge of restaurants or ice cream making and has since become in a recognized ice cream maker, he will offer the new buyer a prolonged and continued transitional period to ensure the continued success of the business so no prior experience needed.


Category: Bar
M2
115
Category: Bar

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Category: Bar