VA Turnkey Ice Cream Shop For Sale – Reduced To $49 000 Frst, Forest, VA 24551
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.