Ice Cream Shop for Sale in Chicago, Illinois

Sale includes: The Entire Business, all Equipment & all Fixtures.

Ice Cream Shop - North side of Chicago (near Lakeview)

1st $50,000 cash offer steals this business!!!

This is a neighborhood retail soft serve ice cream store that has a franchise look and feel to it, without all the franchise fees. It's a healthy, yet delicious alternative to traditional ice cream. Their product is 100% lactose free, cholesterol free and low fat. The first $50,000 cash offer gets this turn-key business! This is a local, neighborhood ice cream shop in a fantastic location with very cheap rent and very low cost, high profit product. The owner spent over $25,000 on equipment and fixtures and another $60,000 on the build-out. Shortly after opening the store, he had open heart surgery and was forced to close the shop. Reluctantly, he decided to sell the business for the extremely low price of $50,000.

The ice cream shop was created and built from scratch earlier this year, by a former banker who wanted to present an alternative to the desert industry. Marketed as a healthy choice to traditional ice cream, their product comes in much lower calories, fat and sugar, when compared to competitors. The real key, is that it also tastes better. To further differentiate itself from the pack, they also offer delivery to their customers.

For a mere $50,000, you get a profitable business in a great location, all equipment and fixtures, trained employees, a website and a fantastic product. The product itself is low fat, non-dairy, lactose free, cholesterol free and only 20 calories per ounce. Because it's in powder form (as opposed to liquid form), it has a shelf life of 24 months or more. The longer shelf life means less waste and helps contribute to the high profit margins. The cost (not including toppings) is only $0.12 per serving. What they serve, is a blend of soft serve ice cream and then the customer can pile on their favorite toppings such as peanut butter cups, cookie dough, Butterfingers, nuts, Oreo, chocolate syrup, whipped cream and many other toppings.

The fantastic location is another reason to jump on this opportunity as quickly as possible. There are over 16,500 cars driving by the front door each day, as well as a tremendous amount of foot traffic. This ice cream shop is within walking distance of 2 parks (one of which, is one of the largest parks in Chicago), and a day care center. In fact, there are so many children in the immediate area around the ice cream shop, there is another day care center scheduled to open very soon. The ice cream shop opened February 26th and closed on May 10th. The average monthly expenses (including rent and payroll) are approximately $8,000. The sales for the 2nd month they were open were $11,654.89, not including sales tax! The ice cream shop actually turned a profit the 2nd month it was open! When you also take into consideration that the cold weather is behind us and summer is about to begin, this is the perfect time to buy this business.

Asking Price/Business only: $50,000.00 plus inventory
Gross annual sales (approximately): $175,000.00 (projected)
Cash flow (approximately): $80,000 (projected)
Value of furniture, fixtures & equipment (approximately): $25,000.00
Value of inventory (approximately): $2,000.00 (not included in asking price)
Lease details (approximately): The lease expires in 2020. The Gross Rent is currently $1,800.00/month & includes CAM & RE Taxes. The space is approximately 1,625 sq ft. There are +/- 37 seats. The property is a commercial condominium and is also available to purchase for approximately $350,000.00 (over and above the price of the business).
Seller Financing: Cash Offers Only. No seller financing is available at this low, low, price.

Information Disclaimer

The information in this listing has been provided to us by the business seller or their representative. Advantage Business Acquisitions, Inc. (ABA) has no monetary interest in the sale of this business. As an organization we try to provide quality information but we make no claims, warrants, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to this website and its associated sites.  ABA has not verified the accuracy of the information, and assumes no responsibility for its accuracy or completeness.

ABA does not warrant the Right of Use of any photography, graphics, video, audio or any other related material posted to this site by its Brokers.

Read Terms of Use prior to contacting an Advantage Business Acquisitions Broker.