Food & BeverageVerified Seller
Absentee-Owned Ice Cream Shop in Lake Worth, FL – $420K – E2 Visa Eligible
Lake Worth, Florida
Asking Price$420,000
Annual RevenueUpon Request
EBITDA / Cash Flow$130,000Implied Multiple: 3.2x EBITDA
Executive Overview
Seize the opportunity to own a thriving, absentee-operated ice cream and frozen yogurt shop in the heart of Lake Worth, FL. Offered at $420,000, this business combines stylish ambiance, high-traffic location, and strong financial performance—making it an attractive prospect for investors or E-2 Visa seekers.
Key Investment Highlights
- •Modern, inviting build-out established in 2019
- •Strategically positioned in a busy shopping center surrounded by established retailers
- •Diverse menu featuring frozen yogurt, premium ice cream, smoothies, milkshakes, and popular acai bowls
- •Absentee ownership generates approximately $93,000 in annual net income
- •Semi-absentee involvement (20 hours/week) yields up to $130,000 in net income
This well-established shop enjoys a prime location in bustling Palm Beach County, drawing a loyal customer base of locals and tourists alike. The attractive, contemporary interior is designed to enhance customer experience, while a dedicated team of four employees ensures seamless daily operations, allowing for minimal owner input.
With a proven track record of profitability and a desirable, easy-to-manage business model, this frozen dessert shop offers strong potential for continued growth. Its turnkey nature makes it ideal for hands-off investors or individuals seeking a reliable, scalable venture in a popular, family-friendly market.