0 Profitable Ice Cream Shop For Sale Avalaible In Central AustinAustin, TX 78703

Property Details for 0 Profitable Ice Cream Shop For Sale Avalaible In Central Austin

Year built

2018

Property size (Sq ft)

800 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This profitable ice cream shop in central Austin is available for sale. Established in 2018, this 800-square-foot retail space boasts a stylish, modern design and a prime location in a well-known destination area, attracting both locals and tourists. The business generated $555,000 in gross revenue and over $150,000 in seller's discretionary earnings in the 12 months ending March 2024. The current lease, expiring March 31, 2028, has a monthly rate of $5,250, with potential for additional income by renting parking space to food trucks. The shop is fully equipped with six ice cream roll machines, a topping cooler, under-counter cooler, freezer, coffee machine, POS system, tables, chairs, and small wares. Currently operating seven days a week with extended hours to capture the bar crowd, the business offers a relatively uncomplicated, lifestyle-oriented operation. The current menu features frozen treats and coffee, with potential for expansion and increased revenue through menu diversification or a concept change (e.g., yogurt). The shop has 30 seats and is a unique offering in the area, presenting a strong opportunity for continued success. All equipment is included in the asking price of $450,000

Location Insight

City

Austin

County

Travis

State

Texas

Latitude

30.2915

Longitude

-97.7688

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