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Penguin Ice Cream

Bernardsville, NJ (Somerset County)

Penguin Ice Cream logo
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Asking Price: $465,000

Cash Flow: $158,000

Gross Revenue: $310,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $2,275 /Month

Established: 2009

Penguin Ice Cream

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Business Description

Homemade Ice Cream Parlor

Penguin Ice Cream is a nostalgic ice cream parlor established in 2009, serving over 34 homemade ice cream flavors. This award-winning business is open year-round with income streams from retail, private events, homemade ice cream cakes, corporate catering, and on-premise private party celebrations. Penguin Ice Cream performs at an extraordinary growth rate, and is highly involved in several Northern New Jersey communities. This ice cream parlor has consistently been rated as one of the top in Northern NJ and surrounding counties. Penguin Ice Cream is located in prime downtown Bernardsville, located just steps away from the Bernardsville NJ Transit train station as well as several award-winning restaurants, shops, parks, new real-estate development, and schools. Bernardsville's longstanding tradition of being a walkable and family-friendly town makes Penguin Ice Cream a natural anchor of the community. Since its establishment in 2009, Penguin Ice Cream has maintained its small-town, "mom-and-pop" atmosphere, and has been home to countless birthday parties, school celebrations, little-league team award ceremonies, graduation celebrations, and even a marriage proposal! Penguin Ice Cream captures the true essence of a hometown ice cream parlor and is proud to bring a smile to every customer, one scoop at a time.

Detailed Information

Location:
Bernardsville, NJ
Real Estate:
Leased
Building SF:
705
Lease Expiration:
N/A
Employees:
16
Facilities:
State-of-the-art stainless steel commercial equipment.
Competition:
Penguin Ice Cream has received the following awards: Bernards Township Health Department Gold Standard Award: 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018; Nextdoor Neighborhood Favorite Winner: 2017, 2018; Somerset Hills School District Chili Cook-Off: 2018 First Place Winner; NJ ISN'T BORING Ice Cream Quest: 2018; Social Media Reviews: Facebook: 4.7/5.0 Four Square: 8.1/10 Google Reviews: 4.7/5.0 Trip Advisor: 4.5/5.0 Yelp: 4.5/5.0 Social Media Followers: Facebook: 1,629 Instagram: 915
Growth & Expansion:
Franchise and wholesale opportunities.
Support & Training:
40 hours of support and training included in the purchase price of the business. Number of employees are part-time.
Reason for Selling:
Retirement
Franchise:
This business is an established franchise
Business Website:
http://penguinicecream.com
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Business Listed By:
Thomas Och

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