Essex County,
New Jersey, US
Asking Price:
$200,000
Sales Revenue:
$400,000
Cash Flow:
$86,175
This artisanal ice cream/gelato shop is a family-run business that specializes in Italian recipes and uses top-of-the-line equipment to create their delicious treats. In addition to gelato, the shop offers pannini sandwiches, espresso and coffee, pastries, cold beverages and holiday gifts. All gelato is made fresh, on-site daily, ensuring customers get the freshest and best-tasting product possible. Located in the heart of one of Northern NJ’s most vibrant and high traffic downtown suburban areas, this shop boasts inside seating for 16 and outdoor seating for 20. The location, which has 7 years left on its lease, is surrounded by highly-rated restaurants, bars and entertainment venues, making it a popular destination for locals and visitors alike. This fully-established venue has an operating margin of approximately 20%, which is rising after only one year of operation. Although the owners all have other jobs and are not able to manage rapid growth, this shop is an ideal opportunity for franchising. Visitors from all over NJ rave about the product, making this a once-in-a-lifetime opportunity to purchase a thriving business. For any additional information, interested parties can call the listing broker, Nathan Goldstein.
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