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Ice Cream Place

  • Status: Sold
  • Price: $89,000

Susan Mehravar

License No:
DRE #01448422
Email:
susan@lbaweb.com
Office:
(925) 932-4395
Mobile:
(925)932-2450
  • Listing No: 3840
  • Status: Sold
  • Area: 1100
  • Price: $89,000

Description

This Attractive, Unique specialty Ice Cream, desserts and smoothie has a lot of good review.
It is a simple operation with training and minimal staff. The business located within walking distance of single family homes and apartment complexes. It has loyal followers who live near by residents in that community and close by offices. The store is known for its mouthwatering made to order freshly baked cookies, ice cream, milk shake and ice cream sandwich.
They accept order on line and delivery services.
The Store has a Walk in Refrigerator, Portable oven for baking, Multiple Reaching  cooler and much.
It is 1100 Sq Foot, with long lease . Business has few comfortable seating inside plus few out door seating.
Current owner is working couple of days of the month for only 3 or 4 hours a day,  since he is busy to operate the other 3 different businesses that he ownes.
It has good record of cash flow on 2019 & 2020. Transfer Fee is $7500.
Perfect for an owner to take over an established business. # 3840

Business Information

Ownership Type: Corporation
Year Established:
Year Purchased:
Business Type: Ice Cream
License(s) Required: Business, Health
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: Yes
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 3840
Date Available: 02/16/2021
Reason For Sale:

Financial Information

Annual Total:
$400,000
Revenue:
Annual Net Income:
$85,000
Inventory:
Monthly Payroll:
6000/m

Lease Information

Base Rent:
6500/m
Lease Expires:
2025
Lease Option:
1 x 5 years option
NNN:
Included Water, Garbage

Financing Information

Down Payment:
$89,000
Owner Will Carry:
Other Finance:
Terms:

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