Description
A rare chance to acquire a popular and profitable retail artisan chocolate & ice cream shop located in the heart of downtown Portsmouth, NH. This established Kilwins franchise is renowned for its premium chocolates, hand-paddled fudge, original recipe ice cream, and a wide variety of gourmet confectionery treats. It’s one of 178 franchise locations nationwide.
With a prime downtown location and a strong brand reputation, this business attracts both locals and tourists year-round. The shop benefits from Kilwins’ proven franchise model, national brand recognition, and loyal customer base.
Perfect for an owner-operator or investor seeking a turnkey retail business with immediate cash flow and growth potential.
Here are some highlights of this opportunity:
- Well-Known Franchise with a Top Retail Location: Kilwins boasts over 70 years of success, and this Portsmouth franchise has built a significant following over the past 14 years in a high-traffic area.
- Diverse Service Offerings: The store provides a comprehensive range of everyday and seasonal products.
- Ample Growth Potential: The current owner has identified several growth opportunities, including expanding B2B partnerships.
- Dedicated and Experienced Team: The business is led by the owner, who has a reliable and experienced team in place.
- Loyal Customer Base: The store has cultivated strong relationships with customers throughout the area.
- Efficient Operations: The franchisor offers best-in-class systems, processes, and products, which the owner has effectively implemented and refined.
Detailed Information:
Business Price: $950,000
Revenues: $1,390,000
Adjusted EBITDA: $281,000
Furniture, Fixtures & Equipment: $176,000 Est. (included)
Inventory: $30,000 estimate
Store/Facility: It is ideally located in a modern, 1,770 square-foot facility in the heart of downtown Portsmouth, benefiting from high foot traffic and excellent visibility. There is street parking, parking lots, and two public garages nearby, offering convenient access for customers.
Competition: While there are a few competitors in the marketplace, none currently offer the same wide variety of products and overall quality that our company provides.
Support & Training: Seller is willing to assist in support and training.
Reason for Selling: Retirement
To learn more about this business, please complete the attached NDA and email to us at info@FirstStreetbb.com. Location shown on the map below is not correct due to confidentiality.