Desserts and Soft Beverages
- Status: Pending
- Price: $150,000
Babak “BOB” Shamtoub
- License No:
- DRE #02050054
- Email:
- babak@lbaweb.com
- Office:
- 424-542-1402
- Mobile:
- 424-542-1402
Description
Established in 2016. This Franchise shop is 700 sqft. located in a crowded Plaza, Serving hand crafted Churros with dips, glazes and toppings, soft served ice cream and refreshing drinks. Seller claims the Annual Gross income for the business is about $360,000 and the Net income is about $115,000 a year. Rent is $9,250 a month including NNN on a 10 years lease with 6 years remaining. Operating hours: (12-10 pm Sunday – Thursday), (12- 11 pm Friday and Saturday). The payroll is $6,500 per month and utilities is $1,000 per month. There is plenty of parking spaces in the back.
Business Information
Ownership Type:
Corporation
Year Established:
2016
Year Purchased:
2016
Business Type:
Desserts & Soft Drinks
License(s) Required:
Business, Health
Hours of Operation:
12- 10 pm, Sun-Thur./ 12-11 pm Fri- Sat.
Business Relocatable:
No
Business Is A Franchise:
Yes
Home Based:
N/A
Broker To Broker CoOp:
No
Office Listing Number:
6363
Date Available:
04/14/2022
Reason For Sale:
Personal Reason
Financial Information
- Annual Total:
- 360,000
- Revenue:
- Annual Net Income:
- 115,000
- Inventory:
- Monthly Payroll:
- 6,500/m
Lease Information
- Base Rent:
- 8,250
- Lease Expires:
- 2028
- Lease Option:
- NNN:
- Included
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms: