Selling Your Ice Cream Parlor?
I scream, you scream! Restaurants and ice cream parlors alike have been screaming since the beginning of the restaurant recession in 2008, and now with the restrictions brought on by COVID-19, the industry has suffered even further. There has been a major shortage of qualified employees, and the minimum wage expectations rising has caused staffing issues as well. The local suppliers of food and beverages either can’t meet the demand or the transportation has become a problem. And with the additional requirements for social distancing and basic safe dining for indoors and outdoors, many ice cream parlor owners have made the decision to move on to another industry. We know, the idea of selling your beloved ice cream parlor can be overwhelming. Between finding a qualified buyer and completing all the necessary paperwork, there are other chores of notifying suppliers, employees and customers of the decision. WBAR has decades of experience in the industry and is ready to put their extensive market research to work. We’ll give you a fair valuation for your ice cream parlor and pay you CASH, NOW. WBAR will handle all of the aspects of removing all of the assets that will be sold with the ice cream parlor. That way you can focus on the other tasks and begin moving forward with your life. Want a FREE valuation for your ice cream parlor? Call our experts now. We’ll get some info, pics and help you gather a general list of assets included with the ice cream parlor, included but not limited to: Refrigeration (Dipping cabinet, blast chiller, walk-in freezer, merchandising cooler) Cooking Equipment (Waffle iron, Panini press, Fudge and Topping Warmer, Convection oven) Parlor chairs and tables, dining booths, boosters and highchairs Countertop and Small Appliances (Mixer, slicer, microwave) Stereo system, alarm system, cameras Smallwares, Styrofoam containers, Cooking and mixing pans Any Other Non-Permanent Assets in the Property After reviewing the information you will receive a FREE cash offer with NO obligation. Once the offer is accepted our team will immediately begin scheduling your extraction using qualified labor and proper tools and transportation. Still owe on your equipment? Leases? Multiple owners? Franchise agreements? Outstanding debt? IT DOESN’T MATTER. We can help. CALL NOW!! We Know the Ice Cream Parlor Business When opening a new ice cream parlor, consider local flavor and businesses and take notice of their models. In addition to soft serve, hard ice cream, sundaes, milkshakes and frappes, a good soda fountain, smoothies and slushie machine is a great investment for your ice cream parlor. Consider trying out popular food delivery services like Uber Eats, GrubHub, Postmates or DoorDash in lieu of staffing a dedicated delivery driver. Use fresh, local flavors and ingredients, and consider a kid’s menu as well as a senior menu. Provide a separate menu for customers with food allergies such as wheat, nuts, gluten, eggs, dairy, soy, etc can be beneficial. While evenings and weekend are likely the busiest days, offering lunch options like soups, salads and sandwiches can open a broader audience for your ice cream parlor. The average cost to open an ice cream parlor in the US is $50,000.00. When opening a brand new ice cream parlor you should expect a lull of at least 24 full months before you will see profit, possibly longer when you take into account labor, food and beverage suppliers and even lease terms with the property owner. While most ice cream parlors operate with a hands-off, absentee owner, it should be noted that this could be a detrimental decision to leave your ice cream parlor business in the hands of someone who doesn’t have everything to lose if it goes under. Anyone who has ever owned an ice cream parlor or any type of food or beverage business generally understands that in the beginning, it is not the money, but the love of the business that will keep them going on a daily basis. The first ice cream parlor, Dock Street, opened in France in 1774. To date, there are over 11,000 ice cream parlors open and operating, with California toting the most at 11,114 ice cream parlors. Second place is New York with only 5,618 businesses – just more than half of the amount. There are more than a dozen different types of ice cream, including frozen yogurt, gelato, snow cream, Italian ice, sorbet, soft serve, rolled ice cream and many others. There are over 1,000 different flavors of ice cream, with the most popular being vanilla. Chocolate is a close second, and surprisingly, third goes to not strawberry, but cookies and cream. It is estimated that for every 1,000 ice cream parlors that open, only 30 will remain open after 5 years, with a whopping 900 of those closing within the first year. If you are considering selling your ice cream shop, you understand the market. It is best to sell fast - sell NOW - before thousands of other similar restaurants flood the market, devaluing your investment right alongside the daily depreciation factors. Stop struggling to earn a living, and start living! Call WBAR NOW for your FREE valuation.
