Featured Commercial property in Iowa

Ice Cream Junction in Oelwein, Iowa:

Ice Cream Junction in Oelwein, Iowa, has been dishing up ice cream treats and crowd-pleasing pork tenderloins since 1987. This is an incredible opportunity to step into a prosperous, popular, family-friendly, established restaurant in Northeast Iowa.

The current owner is offering to stay on for a reasonable amount of time to make the transition as smooth as possible and maintain the healthy client base.

Location: 20 8th Avenue NE, Oelwein, Iowa 50662 (Fayette County, Iowa)

Specialties: Pork Tenderloins are the big seller, along with hand-dipped and soft-serve ice cream, cyclones, drumsticks, ice cream sandwiches, "Gandybars", and our own delicious creation, the "Hobo Bar" which is ice cream, caramel and pecans on a stick.

Front View of Ice Cream Junction

Asking Price and Tax Information: $125,000 buys the name, property, equipment, recipes and all. This restaurant is ready for you to walk into and start turning a profit on. Real estate taxes run $2000.00 per year.

Recent Sales: During the last five years sales have averaged between $117,000 and $134,000. When open seven days a week (including Monday) add $15,500 per year. Inventory costs average around $4000.00 per month during peak months, but taper off during the cooler months.

Ice Cream Junction "Drive Up Window"

Hours of Operation: Open seasonally from March 1 through October. Typical hours are from 11:00 a.m. - 9:00 p.m. on Tuesday through Saturday; 12:00 p.m. - 9:00 p.m. on Sundays. Closed on Mondays. During the summer months when school is not in session the eatery is open until 10:00 p.m.

Employees: Fourteen part-time employees, including newly trained summer help. During the school day there are three experienced employees that work and then after school and during the summer the trained high school students work.

Transition Period for New Owners: The current owners would gladly stay on for a reasonable amount of time to provide training and assist for a smooth transition.

Ice Cream Junction "Kitchen"

Equipment: Most of the equipment has been updated recently, including a new deep-freeze and upright freezer. A new grill was installed two years ago and the water heater was just replaced this Spring. The ice cream machine is 9-10 years old.

Dining Space: In addition to the outdoor eating area, the "Caboose Room" offers air-conditioned / heated seating and could be utilized year-round for a longer season of operation.

Don't Miss this Incredible Opportunity, contact Jim Arnold today!

The Caboose Room - Dining Area

BACK TO TOP

Check out this rare business opportunitiy before it gets away, contact them today!

HOME │ BUILDING A HOME │ RESIDENTIAL │ COMMERCIAL │ FARMLAND │ TIMBERLAND │ ACREAGES │ DEVELOPMENTS │ LOCAL AGENTS