SDE multiples · revenue valuation

Ice Cream Valuation Multiples Calculator

Apply ice cream business valuation multiples (typically 2.0×–3.5× SDE) to estimate what your shop is worth.

Ice cream shop valuation depends on SDE, location lease quality, and year-round revenue stability. This calculator applies industry-standard multiples to estimate market value.

  • Estimated Value = SDE × Industry Multiple (typically 2.0×–3.5×)
  • SDE = Net Profit + Owner Salary + Add-backs
  • Median independent shop sells at ~2.8× SDE

Built for shop owners planning an exit, buyers evaluating acquisitions, and brokers pricing listings.

Source: BizMetricsHQ 175+ independent & franchise ice cream shops (2025–2026). Methodology

Business Financials

Estimated Value

$342,720

Range: $244,800$428,400

At 2.8× SDE on $122,400 SDE

SDE-Based Value

$342,720

Revenue-Based Value

$324,000

Industry Multiples

  • Revenue Multiple

    0.3× – 0.6×

    Median 0.5×

  • SDE Multiple

    2.0× – 3.5×

    Median 2.8×

  • EBITDA Multiple

    2.8× – 4.2×

    Median 3.5×

Frequently Asked Questions

How are ice cream shops valued?

Most independent ice cream shops are valued using SDE multiples, typically 2.0×–3.5×. A shop with $122K SDE at 2.8× would be worth ~$342K. Year-round revenue, catering, and strong lease terms support premium multiples.

Does seasonality affect ice cream shop valuation?

Yes. Buyers discount highly seasonal shops with weak off-season cash flow. Shops with catering, cakes, retail pints, or warm-climate year-round traffic often command 10–15% higher multiples.

What SDE multiple do ice cream shops sell for?

Median SDE multiple is approximately 2.8×, with a typical range of 2.0×–3.5×. Franchise locations with transferable systems may reach the upper end; owner-dependent shops with short leases trade lower.

How do I calculate SDE for my ice cream shop?

SDE = Net Profit + Owner Salary + Interest + Depreciation + One-time expenses. For owner-operators, add back your compensation to reflect true discretionary earnings.