Food & BeverageVerified Seller
Ben & Jerry's Scoop Shop in Philadelphia, PA - $699.5K - $185K Cash Flow Near UPenn
Philadelphia, Pennsylvania
Asking Price$699,500
Annual Revenue$617,912
EBITDA / Cash Flow$185,000Implied Multiple: 3.8x EBITDA
Executive Overview
Discover a rare opportunity to own a thriving Ben & Jerry's Scoop Shop ideally located on the University of Pennsylvania's bustling campus in Philadelphia, PA. Priced at $699,500, this established business offers a solid cash flow of $185,000, with a promising 11-year lease in place.
Key Investment Highlights
- •Prime location on 40th Street between Walnut and Locust.
- •Established in 2003 with over 20 years of community integration.
- •Includes store and off-premise business components.
- •10 employees ensure smooth operations.
- •New 10-year lease commencing May 1, 2026.
This Ben & Jerry's location is not just a store; it's a beloved part of campus life, serving iconic flavors like Cherry Garcia and Phish Food. Situated in a high-traffic area, it continually attracts students, faculty, and locals alike, making it a premier dessert destination.
Beyond in-store sales, the business boasts a lucrative off-premise segment that includes ice cream catering and concessions. With the potential to expand this aspect by 300%, there's significant growth opportunity for the ambitious owner. Whether it's major Philadelphia events or local business functions, Ben & Jerry's is a sought-after addition, enhancing the appeal and profitability of this venture.