Iconic Sugar N Spice For Sale On Balboa Island
Newport Beach, CA Orange County
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- RE: Iconic Sugar N Spice For Sale On Balboa Island
- Contact: Shayan Manavi
Quick Facts
| Asking Price: | $1,300,000 | |
| Annual Revenue: | $894,918 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $188,432 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1945 | |
| Employees: | 16 | |
| BBN Listing #: | 948538 | |
| Broker Reference #: | 51951-164229 |
Business Overview:
Iconic Sugar n Spice for sale on Balboa Island + Property
Yes, this is the business that was showcased 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 has 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
DRE#: 01716801
REALTOR®
M: 949.375.3037
annie.clougherty@compass.com
Business owners requested that the Business and Property be sold together.
For details about the offering presented by Annie Clougherty & Shayan Manavi
https://online.flippingbook.com/view/666237521/
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Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more California businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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