Price: $199,000
Location: Los Angeles County, CA
Industry: Ice Cream and Frozen Yogurt Shops
Listing ID: 01985518JH
Listing Status: New
An established ice cream franchise is now available for purchase in a prime, high-traffic location in the Hollywood area of Los Angeles County. This business operates seven days a week, from 12 PM to 10 PM, taking full advantage of the consistent foot traffic generated by the nearby movie theater.
Business Financials:
Annual Net Sales: $360,000 (2024)
Monthly Rent: $9,840 (includes NNN)
Lease Terms: 2 years remaining on the current lease with a 5-year renewal option
Store Size: 1,200 sq. ft.
Franchise Information:
Franchise Transfer Fee: $20,000
Royalty Fee: 7.5%
Operations:
Employee Count: 8 part-time employees
Monthly Wage Expense: $8,000
Current Management: The business is currently run with the owner's assistance, presenting significant potential for increased profitability under full owner-operator management.
Additional Details:
Owner Tenure: Since 2020
Reason for Selling: Family commitments
This is an excellent opportunity for an owner-operator to capitalize on an already profitable business with considerable growth potential.
Down Payment: $199,000
Total Sales: $360,000
Cash Flow: $84,000
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $50,000
FFE Included: Yes
Inventory: $5,000
Inventory Included: No
Year Established: 2020
Owner Hours Per Week: Part Time
Non-Owner Payroll: N/A
Employees: 8
Absentee Owner: No
Lease Option: 5 yrs option
Real Estate: N/A
Real Estate Included: No
Monthly Rent: $9,840
Type of Location: Strip Center
Square Footage: 1300
Franchise: Yes
Relocatable: No
Reason For Sale: Family Commitments