Price: $169,000
Location: South bay Area Los Angeles County
Industry: Ice Cream and Frozen Yogurt Shops
Listing ID: 01985214JH
Listing Status: New
Growing franchise famous for their handcrafted Ice Cream, Built brand new in 2016 with over 350k investment. Business is steady and currently, employee-run with a part-time owner. Short open hours. Potential to increase business.
Annual gross: $540,000 (2021)
Monthly rent: $9,900
Lease terms: 3+5
Store size: 2,000 sf.
Seating capacity: 45
Open hours: 12pm to 10pm
Employees: 11 pt.
Wage: $11,000/mo.
Owner since: 2016
Reason for selling: Partnership.
Note: located in a busy shopping center with parking.
Newly built in 2016 with 350k investment.
Currently, employee-run with a part-time owner. Potential to increase
Business with owner-operator. Short open hours.
20k transfer fee. Royalty 7 1/2 %
Down Payment: $169,000
Total Sales: $540,000
Cash Flow: $48,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: N/A
Inventory: $350,000
Non-Owner Payroll: N/A
Real Estate: N/A
Monthly Rent: N/A
