Established Ice Cream Shop With Manufacturing Capability Looking For Takeover

Selling to pursue other opportunities

[LOOKING FOR TAKEOVER]

Ice Cream Shop located within a shopping mall in town area

Equipped with Carpigiani ice cream machine (top tier ice cream churning machine)

Currently, apart from shop's sales, the business also supplies to two other businesses/clients

Owners' intention has always been to set up the business and sell it off -- because this is the owners' side hustle

COGS of ice cream is approx. 20% of the selling price

SOPs all ready

Currently operational

Rental is approximately $5K

Interested parties to sign NDA

Owners selective about partners who takeover

Requires full-time commitment to run the business on both B2C and B2B aspects

Good for first-timers who would like to set up a dessert shop without knowledge

All SOP, recipe etc. provided

- Renovation > $100K

- Lease term 3 years (balance 2 years)

- Takeover fee of $180K includes all equipment (>$30,000 even after taking into account of depreciation)

- Takeover fee also includes security deposit (approx $15K) held by the mall

No low-ballers. Only sincere buyers

P&L will be shown only when buyer's profile is deemed fit by present owners

Rent

Premise Status

3

Lease Term