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4 KING Street Unit# 102, #102
$179,900 Sale
Listed 52 days ago
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Key Facts
Key facts for 4 KING Street Unit# 102, #102
Property Type
Commercial
Parking
Garage: No, 0 parking
MLS #
40746128
Size
-
Basement
None
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
Profitable, easy-to-run dessert and food business with a loyal customer base and strong profit margins. The Melting Spot is a unique, turnkey opportunity that offers a wide variety of delicious ice creams, milkshakes, and Indian-inspired food items, all with minimal staffing requirements. ***Key Hig...hlights: 1. Not-Owner-Operated: Currently run by one person, making it an ideal setup for someone looking to manage a business with low overhead. 2. Equipment & Inventory: The business comes fully equipped with just like new, high-quality equipment, ready for continuous operation. 3. Strong Gross Profit Margins: The business enjoys high margins on key items: Ice creams (80% margin) & Milkshakes (70% margin). 4. Menu Diversity: The Melting Spot offers a diverse selection of ice creams incl Rolled ice creams, Kawartha & Taza ice creams, milkshakes, Indian & Western food, tea, & cakes, catering to a wide range of tastes. The menu has been carefully tested and refined, allowing you to hit the ground running with a proven offering. 5. Virtual Kitchen: The business also operates a virtual kitchen under the name Midnight Munches, offering comfort food through third-party delivery apps, expanding its reach & boosting sales.*** Expansion Opportunity: This is more than just a local business-The Melting Spot has strong potential for expansion. With the seller's guidance, you'll learn a well-executed menu that can easily be replicated. There's also the possibility to expand into multiple locations or even franchise the concept for long-term growth. The seller has created comprehensive Standard Operating Procedures (SOPs) for every item on the menu, allowing you to maintain consistency & quality while scaling the business. The seller is committed to ensuring a smooth transition by offering full training on how to operate the business, including managing day-to-day operations, understanding the menu, & maintaining inventory & customer relationships. (id:10452)
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Listing courtesy of: HOMELIFE MIRACLE REALTY LTD.
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