Absentee-Owned Ice Cream shop business in Chattanooga, TN!
Seller built out the space and started the business only a little more than 1 year ago! Sales are increasing substantially! 2024 generated 13% greater sales than 2023!
Net sales for 2023 were over $121,000! Net sales for 2024 are expected to generate at least $136,000 this year!
Business is independent and NOT a franchise! Be Your Own Boss and don't worry about franchise fees!
Seller is 100% Absentee! Huge opportunity for an Owner-Operator! Owner-Operator can take home nearly $60,000!
Store is only open for 10 hours a day from 12 pm to 10 pm! Buyer can easily extend hours to maximize earnings!
More than 120 Google Reviews with an average 4.8 stars rating!
Rent is ONLY $2,400 per month!
There is currently a vacant bowling alley at the strip mall that will be leased in the future! Future customers of the bowling alley will want ice cream!
Yearly Net Profit is nearly $15,000 after paying an Employee Payroll of $42,000 per year, as well as rent and all other expenses!
Seller will require a name change because he owns other locations with the same name. He can assist with the name change.
Located in Chattanooga, TN! City is booming!
Near to colleges like Miller-Motte College with over 2,400 students, Chattanooga College Medical, Dental & Technical Careers, Inc. Main Campus, ICCM Bible Institute, and schools like Hickory Valley Christian School, East Brainerd Elementary with over 1,200 students, Brainerd High School with over 600 students, St. Nicholas School and Grace Baptist Academy with over 500 students.
Close proximity to restaurants like Chili's Grill & Bar, Molcajete Mexican Restaurant, Red Robin Gourmet Burgers and Brews, Olive Garden Italian Restaurant, J. Alexander’s Restaurant, Firebox Grill, Cheddar's Scratch Kitchen, and Chuy's.
Near apartment complexes like Midtown Ridge Apartments, Ledford at Hamilton Place, Waterford Place Apartments, Forest Hill Villas Apartment Homes, Bridgeway Chattanooga, Villas at Oak Crest, Elements Of Chattanooga, Hunters Point Apartments, Populus Waterside Apartments, Ashford Villas Apartment Homes.
Close proximity to Prime mixed-use real estate development boasting a fusion of 16 commercial spaces and 16 luxurious residential units, Fully Entitled ±99-Unit Development and a hotel development with 123 rooms.
Near an upcoming residential development project will feature forty-two (42) single-family detached microhomes.
Local population is growing by 2.5% annually! Median household income is $61k!
Extremely high traffic count of 76,860 on the main highway and a traffic count of 24,540 vehicles passing by the store each day!
Asking Price for Business-only: $109,000 plus inventory! Price reflects only the cost of the buildout!
