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Los Angeles County

  • Listing No.: 207-00007

  • Category: Food - Restaurant

Asking Price $500,000.00
Down Payment
Gross Revenue $589,457.00
Total Adjusted Net Income $130,449.00
Equipment / Fixtures $48,000.00
Year Established 2018
General Location Los Angeles County
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Owner operated exceptional premium ice cream dessert shop franchisee location that specializes in gourmet ice cream sandwiches near a popular beach in Los Angeles County area. This is turnkey business that is ready for a new owner that wants to take over a business that has been established but young enough to be able to grow the business. The franchisee location features cookies, brownies ice cream, and ice cream sandwiches! The cookies and brownies are made fresh daily in the kitchen.  The business has the potential for growth, increasing profit, and establishing itself as the number one desert place in the beach city located in Los Angeles County. The plaza has great anchors as well as a pedestrian path to access the beach. It is comfortable, clean, and inviting for those looking for a fairly easy operation to run. The well-known ice cream sandwich shop is based on their great premium quality ice cream and baked goods. In addition to being in a convenient location near the beach, it is walking distance to a residential community, hotels, and has good tourism. There is an abundance of parking which makes the location convenient for customers. The shop has been at the present location since 2018 and the seller has spent $320,000 in leasehold improvements & $48,000 in FF&E. The 2019 projected gross income is $622,035, and the 2019 projected net income is $166,000. The seller will train the buyer for up to two weeks. Other ways to increase the profitability would be to advertise for catering orders. FF&E are included in the sale.  Seller is selling due to location being too far from home. Inquire now!

Gross Revenue $589,457.00 Listed Price $500,000.00
Total Income $130,449.00 Down Payment
Base Rent $7,416.00 Square Feet 1200
Total Rent $8,568.00 Lease Expiration 4/2023
Rent Deposit $7,200.00 Lease Options
Inventory $5,000.00 Leasehold Improvements $320,000
Equipment / Fixtures $48,000.00 Other Assets
Full-Time Employees 3 Training Period 2 Weeks
Part-Time Employees 14 Special License Required ServeSafe
Contract Staff Reason for Selling Too far from sellers home

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.