108 W South Street, Groton, NY 13073 | MLS #S1660047 | HUNT Real Estate
 
  • 146 days on site
  • 4 views

ity to acquire a well-established chain of three highly successful ice cream shops with strong, consistent sales and excellent brand recognition. Two locations are uniquely housed in beautifully renovated railroad cabooses—creating a memorable, destination-style experience—while the third is a popular free-standing stand. The portfolio includes: Ice Cream Caboose – Groton (renovated caboose; land and building convey) Frosty Caboose – Cortland (renovated caboose; land and building convey) Frosty Cow (free-standing stand on leased land) Each location is well equipped with numerous newer pieces of ice cream and service equipment, allowing for efficient operations and immediate continuity for a new owner. The Cortland location is further enhanced by a large storage barn, while additional storage is provided by a storage trailer in Groton and a storage shed at the Dryden-area location, offering excellent capacity for inventory, supplies, and seasonal needs. This is a true turn-key operation with a proven track record, strong financial performance, and significant upside potential through continued branding, expanded hours, or menu growth. The business is being offered for sale solely due to the owners’ retirement, not performance. To ensure a smooth transition, the owners are willing to remain on after closing to train the new buyer. Complete financials are available to qualified buyers with a signed confidentiality agreement. Ideal for an owner-operator or investor seeking a fun, profitable, and established business with real estate included in two prime locations. Also listed as MLS:S1660046

Source: New York Alliance, MLS#: S1660047

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  • Property Type
    Commercial Sale
  • Lot
    0.30 acres

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  • Median Age
    37
  • Population Density
    122
  • College Educated
    41%
  • Estimated Median Income
    $60,662
  • Estimated Total Home Owners
    2,041
  • Estimated Total Renters
    641
  • Owner / Renter Divide
    76% / 24%
  • Estimated Average Household Size
    2
  • Total Population
    6,729
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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