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Asking Price: $575,000

Cash Flowing, SBA Approved NW DC Ice-Cream Shop

Washington, DC
District of columbia County

We are offering a rare opportunity to acquire a well-established, highly popular ice cream shop in fashionable NW Washington, D.C. This turnkey business has been a beloved fixture in the community for 40 years, consistently generating impressive sales and known for its prime location.Key Features:Prime Location: Strategically situated in a bustling area of Washington, D.C., guaranteeing high foot traffic and visibility.Established Reputation: Operating successfully for 40 years, this shop has built a loyal customer base and a strong community presence.Absentee Owner: The business runs smoothly with an absentee owner, making it a true cash cow.Financial Highlights 2023Total Sales $520,000.00Cost of Goods Sold $64,900.00Total Expenses $175,000.00Net Income $280,100.00Owner's Salary $12,000.00Beneficial Addbacks $3,000.00Seller Discretionary Earnings $295,900.00Fully Equipped: Ready for immediate operation with all necessary equipment and fixtures included.Versatile Concept: Perfect for introducing a fresh concept or continuing the current successful one, subject to landlord approval.High Foot Traffic: Located in a prime area, ensuring a steady flow of customers.Growth Potential: Significant opportunities for growth through enhanced digital marketing strategies, delivery services, and hosting private events.

Cash Flow $204,800
Revenue $410,000

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