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Dec 13, 2018Our firm is pleased to offer for sale a successful ice cream store in Richmond, Virginia. The business is located in a shopping center. It is absentee owned and would benefit from a committed, onsite owner. The store offers a unique product and has a strong social media presence.

The North America ice cream market is expected to register a CAGR of 4.1% during the forecast period, 2018 to 2023. The rise in income along with an increased indulgence for sweet dishes drives the growth of this market. The sales of low-quality ice cream have been declining due to the increased preference for premium ice cream. The innovative flavors that companies have come up with act as a major driver for this market. Moreover, private labelling reduces the price of ice creams, thereby increasing the demand. The sales of basic variety ice creams have been declining in favor of premium ones. Currently, the United States is leading the way due to the introduction of handcrafted ice creams, which is relatively linked to the market maturity.

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