Description

Candy & Gelato Shop in the Heart of Affluent Downtown

Asset Sale

This is your chance to own a candy & gelato shop located in arguably the very best location of this affluent Tri-Valley town. This is an amazing opportunity for an imaginative and sharp-minded owner to take this business to the next level – either keep it as is with a few tweaks to increase sales and profitability or convert it into your dream project. With its proximity to the local high school, restaurants, and other surrounding businesses, it is in the epicenter of a very vibrant downtown scene. 

This 1,634 sq ft shop with a brand new facade and a warm and inviting interior enjoys great visibility from the road and high foot traffic. Recent construction and Covid have depressed sales and foot traffic in 2020-2021, but both are increasing again back to pre-Covid levels.

Sellers claim revenue in 2019 of $406K. In 2020 during Covid, revenue was $230K while owners moved a significant portion of sales online. There is a two-year extension remaining on the lease; a new lease or extension can be negotiated with the landlord.

This is an asset sale.  Sellers are asking $99,000 plus inventory which averages around $25-30K. Sellers are looking to spend more time with family and other projects.

Business Information