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Listed by:

Transworld Business Advisors of Orange

Iconic Sugar N Spice On Balboa Island For Sale

Newport Beach, California - South, US
Asking Price:
$1,300,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$894,918
Cash Flow:
$188,432

Iconic Sugar & Spice for sale on Balboa Island + Property

Yes, this is the business that was showcased in Arrested Development!

A rare and unparalleled opportunity arises with the offering of Sugar n' Spice, an enduring symbol of Balboa Island's rich history and community spirit. Established in 1945, this beloved business and property have stood the test of time, serving as a beacon of nostalgia and culinary delight for nearly eight decades. From its humble beginnings, Sugar n' Spice has woven itself into the fabric of the island, becoming a cherished destination where locals and visitors alike gather to indulge in its signature treats, including Balboa Bars and chocolate-dipped frozen bananas.

Beyond its culinary offerings, Sugar n' Spice holds a special place in the hearts of the community, serving as a backdrop for countless memories and shared experiences. Generations of families have frequented this beloved landmark, forging connections and traditions that span lifetimes. With its timeless charm and storied history, Sugar n' Spice presents a unique opportunity for discerning buyers to own a piece of Balboa Island's heritage and continue the legacy of this treasured establishment

The business owns the Patent of the Banana Logo and has the name Sugar 'N Spice: The Original Frozen Banana trademarked. This business has huge upside potential with partnerships and distribution channels.

The property is listed for sale at $3,149,000; for further details regarding the property sale, please contact

Annie Clougherty

Business owners requested that the Business and Property be sold together.

For details about the offering presented by Annie Clougherty & Shayan Manavi

Business Operation

Reasons for selling:

Retirement

Trading hours:

Tuesday 11:30 AM–9 PM Wednesday 11:30 AM–9 PM Thursday 11:30 AM–9 PM Friday 11:30 AM–10 PM Saturday 10 AM–10 PM Sunday 10 AM–9 PM Monday 11:30 AM–9 PM

Employees:
16
Years established:
1945

Other Information

Support & training:

# of Weeks Seller Will Offer Training: 4