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Details

The company is a frozen dessert brand offering products such as gelato, sorbet, yogurt, shakes, and hot chocolate. The company sells its handcrafted, all-natural ingredient desserts both online and through various franchises, operating throughout the United States and internationally.
Key Aspects
• Average gross profit margin of 55.3% from 2018 through 2021
• High scalability due to in-house supply chain operation
• Industry reputation for fresh, natural, visually appealing products
• Strong social media presence and brand recognition
• Over 20 franchise locations operating, with many more in-process for opening
• Over 60 proprietary flavors & recipes
• Search engine optimized (SEO) website
Opportunities
• Capitalize on the company’s existing ecommerce operation and expand this growing segment with additional products
• Capitalize on the industry trend toward healthier foods, leveraging the company’s reputation for fresh and natural ingredients
• Introduce additional products in franchised stores to help attract new customers and differentiate from other dessert retailers
• Continue to expand the number of franchised locations, providing a steady, fee-based revenue stream
• Versatility of proprietary recipes allow it to be utilized in a variety of applications, including expansion into the consumer-packaged-goods (CPG) market
Headquartered
• Northeast US
Current Markets
• The company currently serves individual consumers through in-person and ecommerce sales across the United States, Canada, and Europe.
Real Estate
• The company currently operates from a 1,000 sq. ft. office and training space, leased from an unrelated third-party, in addition to a shared warehouse space that is used on an as-needed basis.
Shareholder Objectives
• The company is owned by a single shareholder. After many years in the industry, this shareholder believes it is time to pursue other endeavors and prepare the company for future ownership. He is willing to stay with the company for an extended period of time following a sale, or for a short-term transition period, depending on the wishes of the buyer.

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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.