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Vic’s Ice Cream & Café with Real Property
We are pleased to offer this opportunity to own a long-standing Sacramento icon – Vic’s Ice Cream! Vic’s Ice Cream was founded in 1947 and has been a Sacramento staple for over 70 years. Its proximity to William Land Park with the Sacramento Zoo, Fairytale Town and the public golf course make this shop a generational favorite as part of a fun day out. The affluent Land Park community along with numerous nearby schools provides a loyal recurring customer base.
This long established and successful business is offered in combination with the real estate, and there is an additional option to purchase the small residential building next-door to the ice cream shop, all in desirable Land Park!
Vic’s is a profitable enterprise with income from the Ice Cream parlor, and the café which was established ten years ago in the adjacent space. There is considerable upside potential and capacity to increase the house-made ice cream production. Both the ice cream parlor and cafe may benefit from expansion of operating hours. Development of the wholesale segment for ice cream is another opportunity the next owner may wish to pursue.
The business is being offered along with the property as a result of the recent passing of the owner, Craig Rutledge. The family’s goal is for the business to continue and thrive under new local ownership more capable of managing the business and pursuing future growth opportunities. An experienced staff is in place for continuity, and we believe all or most are interested in remaining employed with a new owner.
The $1,594,000 asking price includes the Real Estate of 3199 Riverside Blvd offered @ $1,299,000 and The Vic’s Ice Cream Parlor and Vic’s Café Businesses, Brand and FF&E offered @ $295,000.
The adjacent residential property at 1111 8th Ave is offered @ $390,000 as an optional purchase through Pam Crawford of Lyon Realty. It has historically been a rental property with the garage and driveway available to Vic’s for storage and staff parking.
Financial information is available for qualified buyers with registration and a Confidentiality Agreement/NDA in place.
Site visits are available by appointment. Please do not disturb the staff.
The Listing is co-brokered with Restaurant Exchange Broker Tricia Bernhardt representing the business opportunity and CBRE Broker Tony Whittaker representing the property.
For a complete Offering Memorandum, please contact Restaurant eXchange Broker TRICIA BERNHARDT at Tricia@Restx.com or her assistant Carla Bohon at Carla@restx.com.
We look forward to talking with you about this exciting opportunity!
Please send us an email before calling.
Listed By: Omar Kettani
This long established and successful business is offered in combination with the real estate, and there is an additional option to purchase the small residential building next-door to the ice cream shop, all in desirable Land Park!
Vic’s is a profitable enterprise with income from the Ice Cream parlor, and the café which was established ten years ago in the adjacent space. There is considerable upside potential and capacity to increase the house-made ice cream production. Both the ice cream parlor and cafe may benefit from expansion of operating hours. Development of the wholesale segment for ice cream is another opportunity the next owner may wish to pursue.
The business is being offered along with the property as a result of the recent passing of the owner, Craig Rutledge. The family’s goal is for the business to continue and thrive under new local ownership more capable of managing the business and pursuing future growth opportunities. An experienced staff is in place for continuity, and we believe all or most are interested in remaining employed with a new owner.
The $1,594,000 asking price includes the Real Estate of 3199 Riverside Blvd offered @ $1,299,000 and The Vic’s Ice Cream Parlor and Vic’s Café Businesses, Brand and FF&E offered @ $295,000.
The adjacent residential property at 1111 8th Ave is offered @ $390,000 as an optional purchase through Pam Crawford of Lyon Realty. It has historically been a rental property with the garage and driveway available to Vic’s for storage and staff parking.
Financial information is available for qualified buyers with registration and a Confidentiality Agreement/NDA in place.
Site visits are available by appointment. Please do not disturb the staff.
The Listing is co-brokered with Restaurant Exchange Broker Tricia Bernhardt representing the business opportunity and CBRE Broker Tony Whittaker representing the property.
For a complete Offering Memorandum, please contact Restaurant eXchange Broker TRICIA BERNHARDT at Tricia@Restx.com or her assistant Carla Bohon at Carla@restx.com.
We look forward to talking with you about this exciting opportunity!
Please send us an email before calling.
Ad#:2270258
Listed By: Omar Kettani
Background information
Reference:
2270258
Year established:
1947
Reason selling:
Owner has passed away, family consolidation
Operations
Employees:
20
Equipment:
N/A
Premises
Facility:
Vic's Ice Cream shop has seating for 20 in booths + 14 at the counter + 2 chairs. Vic's Cafe has seating for 28 + 6 outside. Kitchen Facility: Clean room for Ice Cream manufacturing and packaging. Prep Kitchens in both Cafe and Ice Cream suites (no hood system). Both sides come fully equipped.
Location:
Sacramento, CA
Price and terms
Price:
$1,594,000
Training:
Sellers are including training for 2 weeks @ 40 hrs/wk (w/ GM.