Virginia Highlands Gelato Business (20 years business) $110,000

Asking Price $110,000 SDCF N/A
Gross Revenue $251,801 Inventory $2,000
EBITDS N/A Established 1999
FF&E $50,000

Business Description :

Business Description
A wonderful opportunity to own and operate a turnkey popular and famous Gelato shop serving the local community for the last 20 years.
Located in one of the busiest and prominent Atlanta neighborhood in a high traffic street, with plenty of retail, restaurants, bars and shops.

This is a 100% absentee owner operation with the owner living in a different state with little attention to this location. A buyer with passion and energy can easily grow this business. The shop would be fantastic for a dedicated operator who keeps consistent hours, manages portion sizes and labor costs, and markets the business.

Business grossed little over $251,000 operating 4 days a week for few hours, 1 manager and one gelato maker are operating the business.
An owner operator can easily profit around 100k a year.

Space: 700 s/f +/-
Rent: $4,000 a month (all in)
Payroll: $57,000

Don’t pass this opportunity up! It will not last.