$2,500,000
Ice Cream Parlor
- Status: Pending
- Price: $200,000
Houmehr 'Mike' Panoussi
- License No:
- DRE #01853627
- Email:
- mike@lbaweb.com
- Office:
- 661-816-1141
- Mobile:
- 661-816-1141
Description
Turn Key Business ready for owner Operator!!
Great Michoacana Business ready to be ran. Located in the heart of San Fernando Valley. This business sits on an extremely busy Blvd and very busy neighborhood. Client no longer has franchise fees as he has closed his contract and is doing his own recipes from now on which brought his profit margins up. It is a very low overhead business. It is on a 1,280 sq.ft. space with monthly Rent of $4,300. Seller claims his Gross Annual Revenue is about $300,000. Lease will renew every 5 years. #6329
Business Information
Ownership Type:
Corporation
Year Established:
2018
Year Purchased:
2018
Business Type:
Ice Cream Parlor
License(s) Required:
Business, Health
Hours of Operation:
10 hours a day
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
6329
Date Available:
04/22/2021
Reason For Sale:
Family Issues.
Financial Information
- Annual Total:
- $300,000
- Revenue:
- Annual Net Income:
- Inventory:
- Monthly Payroll:
- $8,600
Lease Information
- Base Rent:
- 4300/m
- Lease Expires:
- 2025
- Lease Option:
- 1 x 5 years option
- NNN:
Financing Information
- Down Payment:
- $200,000
- Owner Will Carry:
- Other Finance:
- Terms:
Contact Us
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