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Desserts and soft drinks

  • Status: Available
  • Price: $150,000

Babak “BOB” Shamtoub

License No:
DRE #02050054
Email:
babak@lbaweb.com
Office:
424-542-1402
Mobile:
424-542-1402
  • Listing No: 6362
  • Status: Available
  • Area: San Bernardino
  • Price: $150,000

Description

Established in 2016, This Franchise shop is 1300 Sf and located in a crowded plaza, Serving hand crafted churros with dips, glazes and toppings, soft served ice cream and refreshing drinks.
The gross income for the business is about $330,000 a year and the net income is $120,000 a year. The rent is $6344 a month including NNN and is on a 10 year
lease with 7 years remaining. Operating hours: 12-10 PM Sunday-Thursday and 12-11 PM Friday and Saturday. The payroll is $7,000 per month and utilities is $1100 per month.
Plenty of parking spaces in the back.

Business Information

Ownership Type: Corporation
Year Established: 2016
Year Purchased: 2016
Business Type: Desserts and Soft Drinks
License(s) Required: Business, Health
Hours of Operation: 12-10 pm Sunday- Thur./ 12-11 pm Friday and Sat.
Business Relocatable: No
Business Is A Franchise: Yes
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 6362
Date Available: 04/18/2022
Reason For Sale: Other Interest

Financial Information

Annual Total:
330,000
Revenue:
Annual Net Income:
120,000
Inventory:
Monthly Payroll:
$7,000/m

Lease Information

Base Rent:
6,344/m
Lease Expires:
2032
Lease Option:
1 x 7 years option
NNN:
Included

Financing Information

Down Payment:
Owner Will Carry:
Other Finance:
Terms:

Contact Us

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