How to Buy a Gelato Business
Some kids dream about owning a retail food shop, but the lucky ones make it happen. Your plan — to buy a gelato business — can be sweet and profitable, particularly if you’re targeting a shop in an area that’s blessed with nice weather for a good part of the year. Of course, you could start from scratch, purchasing the equipment and supplies needed to equip your gelato shop, but it’s so much cooler to let someone else do the hard work and then hand you the keys.
Land a job in some aspect of the retail ice cream, soft serve or gelato business, so you get paid while learning the ropes. Earn an undergraduate degree in restaurant management, food service or dairy science. Your gelato store will be additionally enhanced by your experience, and you’ll have the knowledge to reshape the current business model.
Work with a business broker to find a gelato or ice cream shop that meets your needs. Finances and/or location may limit the scope of your search, but it’s important to identify these parameters so you don’t lead the broker astray and wind up checking out gelato stands that are out of your price range. It can’t hurt to peruse websites devoted to the sale of ice cream and gelato stores, but the right broker can save you time, money and energy.
Tour the gelato business establishments on your short list and taste the frozen treat. Review floor space, check the store’s refrigeration equipment, tour the neighborhood and critique the decor. This is just like buying a house: You must think about the amount of time, work and cash it will take to fix up an eatery in need of a makeover before you ring up that first sale. A recently renovated, albeit pricier, gelato shop may make more sense if you can start scooping and filling cones immediately after you close on the sale.
Revisit the gelato business with the most promise. Query the owner about business license, permit and other documentation transfers. Call the health department to make certain the shop hasn’t been cited for health violations, check your municipal government offices to make sure there are no liens against the store and call the Better Business Bureau to check on complaints. Finally, monitor the volume and type of traffic that comes and goes during business hours.
Negotiate with the owner. Just because a sale amount is articulated by the business owner or appears on a website doesn’t mean you can’t haggle over the gelato business selling price. It’s done every day. While you’re crunching numbers, expect some margin for “good will,” which roughly translates as: “You’re also paying for loyal gelato eaters who have been patronizing this eatery for ages.”
Hire a professional marketing or banking consultant to look into the business if you want a second opinion on the real estate, assets and store reputation. If you can’t afford hefty consultant fees, turn to a local university’s agriculture, food science or management school. Cornell University’s Northeast Center for Food Entrepreneurship and the University of Vermont’s Technology Council help entrepreneurs launch food businesses.How to Buy a Gelato Business. Some kids dream about owning a retail food shop, but the lucky ones make it happen. Your plan — to buy a gelato business — can be sweet and profitable, particularly if you’re targeting a shop in an area that’s blessed with nice weather for a good part of the year. Of course, you could …
Gelato, Gelateria for Sale
BizQuest has the largest inventory of gelato businesses for sale!
Gelato is the Italian word for ice cream. Although gelato has many similarities to ice cream, there are several qualities that really set gelato apart. The custard base of gelato has a higher proportion of milk and a lower proportion of eggs and cream, giving it a lower fat percentage than ice cream. It is also churned slowly to incorporate less air into the base. This gives gelato a smoother, denser texture that really makes the flavor stand out. This Italian style of making ice cream has really taken off in the United States, where consumers are constantly seeking healthier alternatives to indulgent treats. Gelato currently accounts for about 5% of the $14.3 billion U.S. ice cream market, and sales are projected to grow a whopping 32.3% this year. The timing couldn’t be better to buy a gelato business and capitalize on this hot trend in the ice cream industry!
As the owner of a gelateria, it’s important to stay on top of flavor trends and carry a line of gelatos that appeal to all tastes. The sky’s the limit with flavors, and customers are always excited to try something new. Offering comfortable indoor and outdoor seating, as well as free Wi-Fi, will also draw customers. Since a gelato business can be seasonal in some parts of the country, offering additional menu items like coffee and pastries will help drive the business in colder months. With a commitment to provide a quality product, an inviting atmosphere and outstanding customer service, an ambitious entrepreneur can experience great success with a gelato business. BizQuest can get you connected today with the most up-to-date listings of local gelateria businesses for sale! Hide description Read moreBrowse 66 Gelato, Gelaterias for sale on BizQuest. Gelato is the Italian word for ice cream. Although gelato has many similarities to ice cream, there are several qualities that really set gelato ]]>