Established gelato and tea shop in Fargo, North Dakota market. Independent model with significant growth opportunities, perfect for individuals looking to be their own boss and scale an existing concept.
Additional features include:
• Opportunity operates in an industry that is projected to grow at a 6% annualized growth rate in a geographical market expected to expand by 17% in the next decade.
• Ability to step into a turnkey operation that generated $396k in revenue and $69k+ in cash flow benefit to the owner in 2023.
• Significant opportunities for growth. The new owner could immediately add additional revenue streams by offering catering, expanding partnership, adding special events, and increasing the number of locations.
• Business operates in a high traffic location with a unique product offering. There is limited competition in the current market.
• The brand has a strong local presence and has been featured in local print, radio, and television.
Sunbelt listing ID: 53960.
Real Estate Available: No
Real Estate Included: No
Detailed Information:
Lender Prequalified: No
SBA Prequalified: No
Is Going Concern: Yes
