Property profile

VA Turnkey Ice Cream Shop For Sale – Reduced To $49 000 Frst Forest, VA 24551

OFF-MARKET
Retail properties & Spaces
1,800 SF Built 2022
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Property summary

AI-generated overview

This established ice cream shop in Forest, VA, is a turnkey opportunity priced at $49,000, including all inventory and equipment. Located in a popular shopping center, this 1,800 square foot space boasts ample seating for up to 49 patrons, making it ideal for children's parties and other events. The shop features a well-designed layout, optimizing workflow and maximizing counter space for displaying a variety of frozen treats. Equipment includes two Avantco tub dipper cabinets, commercial-grade refrigerators and freezers, a convection oven, stainless steel work tables, and a large walk-in freezer—all in like-new condition from its 2022 build. The current lease, expiring February 28, 2025, has a monthly rent of $2,100, inclusive of CAMS, and ample parking is available. Year-to-date (through June) revenue reached $121,000, with over $37,000 in profit. Currently operating as a franchise, this business offers the potential for a new owner to rebrand and create a unique concept, potentially expanding offerings to include coffee, pastries, or other menu items to increase revenue. The seller will provide training, and financing options may be available. This presents a low-overhead, high-margin business opportunity in a growing market. The business currently employs six people.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2022
Total area 1,800 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

VA Turnkey Ice Cream Shop For Sale – Reduced To $49 000 Frst Forest, VA 24551
Forest metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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