Location: Los Angeles County, CA
Industry: Ice Cream and Frozen Yogurt Shops
Listing ID: 01985364JH
Listing Status: Reduced Price
Listing ID - 01985364JH
For sale is an ice cream store located in a busy shopping center with renowned college adjacent to the business.
With ample parking spaces, store size is 1,100 sf. with monthly rent of $4,000; lease terms: 4 years / 2 @5 years option.
Annual gross: $204,000 (2022)
Open hours are 7 Days @ 12pm-10pm
There are 4 part time employees with wage @ $1,000 /mo.
Owner since: 2018 / Reason for selling: Family
Conversion to different menu concept ok (upon landlord's approval).
Down Payment: $139,000
Total Sales: $204,000
Cash Flow: $60,000
Accounts Receivable: N/A
FFE Included: Yes
Inventory Included: No
Year Established: 2018
Days & Hours of Operation: 7 Days (12pm - 10pm)
Owner Hours Per Week: Full Time
Non-Owner Payroll: N/A
Absentee Owner: No
Lease Option: 2 @ 5 Years
Real Estate: N/A
Monthly Rent: $4,000
Type of Location: Strip Center
Square Footage: 1100
Reason For Sale: Family