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Ice Cream, Frozen Yogurt

  • Status: Pending
  • Price: $59,000

Babak “BOB” Shamtoub

License No:
DRE #02050054
Email:
babak@lbaweb.com
Office:
424-542-1402
Mobile:
424-542-1402
  • Listing No: 6348
  • Status: Pending
  • Area: Los Angeles
  • Price: $59,000

Description

Established more than 3 years ago, a 1400 Sf shop including a patio located in a crowded shopping center and a high-traffic street is for sale. The shop includes 6 Yogurt machine, a walk-in cooler, a walk-in freezer, reaching freezer, cold bar drink,  3 compartment and a sink. Can be converted to a juice bar, frozen yogurt, or a Restaurant. The rent is $4300.00 including NNN with 7 years left on the lease term. The gross income was about $350k a year. The shop has been closed for the past 3 weeks due to lack of employees.

Business Information

Ownership Type: Sole Proprietorship
Year Established: 2018
Year Purchased: 2018
Business Type: Ice Cream shop
License(s) Required: Business, Health
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 6348
Date Available: 10/19/2021
Reason For Sale: Busy with other Businesses he has

Financial Information

Annual Total:
350,000
Revenue:
350,000
Annual Net Income:
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
4,300/m
Lease Expires:
2028
Lease Option:
NNN:
Included

Financing Information

Down Payment:
59,000
Owner Will Carry:
Other Finance:
Terms:

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