60+ Year Established Ice Cream & Restaurant Business, 3 Locations
Three-Location Ice Cream and Casual Dining Business in Metro East Illinois
On NextCompany since October 12, 2026 (3 days)
IL areaEstablished 1960
Business overview
This ice cream and casual dining business operates three locations in Metro East Illinois. Since 1960, it has served customers through walk-up, drive-thru, and dine-in service. Its menu spans ice cream, desserts, burgers, sandwiches, wraps, and other meals. Management personnel support operations across the locations.
The asking price is $1.6 million, with $1.5 million in gross revenue and $530,000 in cash flow. The sale includes furniture, fixtures, and equipment valued at $350,000. The seller also offers the real estate separately, subject to appraisal, or may lease it with a business-only purchase. The seller will consider financing for a qualified buyer with a down payment.
Who is a good fit for this business
- Experienced restaurant operators seeking a three-location ice cream and casual dining business.
- Restaurant groups seeking a concept with walk-up, drive-thru, and dine-in service.
- Buyers seeking a business purchase with the option to acquire or lease its real estate.
Details
- Reason for selling
- Moved out of state
- Real estate
- Owned, available separately
Frequently Asked Questions
The business serves soft serve and hand-dipped ice cream, shakes, malts, and specialty desserts. Its menu also includes burgers, sandwiches, wraps, appetizers, salads, and children's items.
The listing reports a $1.6 million asking price, $1.5 million in gross revenue, and $530,000 in cash flow. Those figures describe the business offering.
The sale includes furniture, fixtures, and equipment valued at $350,000. The inventory carries a $20,000 value, but the listing excludes it from the purchase.
The seller will consider a combined business and real estate purchase or a business-only purchase with a lease. The real estate carries an approximate $1.6 million value, subject to appraisal. The seller will consider financing for a qualified buyer with a down payment.
The owner moved out of state. Management personnel assist across the locations, and the business operates through walk-up, drive-thru, and dine-in service.