Profitable Ice Cream Shop For Sale Avalaible In Central Austin Austin, TX 78703
- Retail properties
- 800 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Profitable Ice Cream Shop For Sale Avalaible In Central Austin
- Year built
- 2018
- Property size
- 800 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This profitable ice cream shop in central Austin is available for sale. Established in 2018, this 800-square-foot retail space boasts a stylish, modern design and a prime location in a well-known destination area, attracting both locals and tourists. The business generated $555,000 in gross revenue and over $150,000 in seller's discretionary earnings in the 12 months ending March 2024. The current lease, expiring March 31, 2028, has a monthly rate of $5,250, with potential for additional income by renting parking space to food trucks. The shop is fully equipped with six ice cream roll machines, a topping cooler, under-counter cooler, freezer, coffee machine, POS system, tables, chairs, and small wares. Currently operating seven days a week with extended hours to capture the bar crowd, the business offers a relatively uncomplicated, lifestyle-oriented operation. The current menu features frozen treats and coffee, with potential for expansion and increased revenue through menu diversification or a concept change (e.g., yogurt). The shop has 30 seats and is a unique offering in the area, presenting a strong opportunity for continued success. All equipment is included in the asking price of $450,000
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Austin
- County
- Travis
- State
- Texas
- Longitude
- -97.7688
- Latitude
- 30.2915
